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James Hay bosses say they are focused on “getting the basics right” on service but acknowledged there was “some way to go”, as the firm reported an adjusted operating profit £7.1 million.

Curtis Banks will examine possible acquisitions of good quality Sipp books this year, it said this morning, after announcing a profits boost.

A pensions mis-buying crisis is looming unless there is further action to increase the take up of advice, LV= is warning.

The Chancellor has come under fire again today over another of his Budget proposals, as critics attack his “wholly ill-conceived and utterly misguided thinking on QROPS”.

A new drawdown comparison table has been created to show both Personal Pensions and Sipps.

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