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Provider Royal London has reported a loss before tax of £181m as new business sales in the life and pensions arm decreased in the first half of 2020.

Options Pensions has launched a Sharia SIPP in partnership with Islamic investment group Wahed Invest.

A fund raising page has been set up in memory of Curtis Banks communications director Greg Kingston who died tragically in July at the age of 47 in a holiday road accident.

The Competition and Markets Authority has provisionally blocked the ‘mega-merger’ of platform providers FNZ and GBST due to concerns that the tie-up would hit competition and may lead to investors paying more.

Data from today’s Wealth and Assets Survey from the Office of National Statistics has shown that the self-employed continue to invest in property over pensions for their retirement.

The average pension fund increased 13.3% in the second quarter of this year, the strongest quarterly performance since Q3 2009, according to new data.

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