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Legal & General Group has sold off its Sipp provider Suffolk Life to rival firm Curtis Banks for £45 million in a move that will double the size of Curtis Banks.

An inquiry has begun into how much of a wealth divide exists between the older and younger generations and if Government policies are to blame.

An advisory firm chief executive has been handed an official warning notice by the FCA over Sipp related advice.

Financial advisers should establish a charity to provide pensions advice to people with low incomes, a campaign group says.

Aegon has launched a new free guidance service designed for its own customers who have already been to Pension Wise but have no financial adviser.

Many customers newly entering drawdown to stay invested have not been using an adviser, new FCA figures showed this morning.

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