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The Ombudsman has ruled that an adviser must compensate a client who lost nearly £30k through an unsecured Sipp loan.

Advisers’ calls for an income option in AJ Bell’s Managed Portfolio Service has prompted the company to launch four new portfolios.

The long-awaited ban on pensions cold calling may come into effect this year as early as June after the government committed to legislation to introduce the measure.

The first Spring Statement will be delivered by the Chancellor a week from today on 13 March, replacing the traditional March Budget.

Savers could be in line for a pension pot boost of as much as 30% this year with further rises on the way, new analysis by Aviva has shown.

Firms are now obliged to inform consumers how much they could gain from shopping around for annuities under new rules which take effect this week.

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