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Major SIPP and SSAS firm Rowanmoor Personal Pensions Limited (RPPL) has gone into administration.

STM Group, parent company of SIPP provider Options, has completed its acquisition of the SIPP and SSAS portfolio of US asset manager and pension consultancy Mercer.

Adviser platform Novia has added new benefit crystallisation event and pension income functionality.

The Initiative for Financial Wellbeing (IFW) has been awarded Institute status by the Secretary of State for Business Kwasi Kwarteng MP.

Three quarters (73%) of retirement savers either can’t afford to retire or were unsure if they could afford to retire, according to a new report.

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