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In an alternative world to the UK Budget, The European Insurance and Occupational Pension Authority published a consultation paper on the creation of a standardised Pan-European Personal Pension product on 3 July.

Consumers have been left confused over the new pensions regime, a senior Investment consultant fears.
Sipp provider Mattioli Woods has agreed an £8,300,000 deal to take over SSAS and Sipp administration firm Taylor Patterson.
There will be a shift in the Sipp sector towards firms either restricting their offering to standard assets or offering a full Sipp investment offering including non-standard investments, an industry expert has forecast.
A Sipp has been made available on a new direct-to-consumer online platform aimed at retirees.
Debts of as much as £100,000 are following people into their life after work, a report on retirement planning has shown.
I would recommend that everyone takes time to read the Green Paper called 'strengthening the incentive to save' – a consultation on pension tax relief.
Prudential has come top in the complaints league for life, pensions and decumulation, published by the Financial Ombudsman Service for the first half of 2015.
Nearly 8 in 10 advisers expect growing numbers of pension providers will not offer their auto enrolment schemes to businesses with fewer than 30 employees.
Ten per cent of grown up children claim their parents are having ‘too much fun’ and ‘blowing’ their inheritance, as a generational financial tug of war takes place, according to a retirement report.
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