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Sipp provider London & Colonial has been bought in a deal worth up to £5.4 million.

A new tool has been created to trace lost pensions.

AJ Bell has called for a reintroduction of the permitted investment list for Sipps as pension transfer values soar and fears grow about a rise in pension scamming.

Scottish law firm Morton Fraser has been appointed to the legal panels of three SIPP providers with the firm expecting demand for advice on commercial property held in personal pensions to continue to grow.

Mattioli Woods has acquired MC Trustees for £2.2 million.

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