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A retirement planning boss believes that a single flat rate of pension tax relief could be the “boost to pensions simplification we’ve needed for a long time”.

FSCS bosses said today they see no end to the high numbers of Sipp-related advice complaints next year.

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.

A Sipps expert fears the Government may be underestimating the complexity and costs attached to a new a flat rate of tax relief, amid reports this morning that such a change will be announced imminently.

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.

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