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Section guide

The countdown to A-Day is turning into a battleground of ideas between providers over what product is best for clients.

Nowhere is this more evident than in the row over section 32 contracts, with three of the most respected pension providers – Scottish Equitable, Standard Life and now Norwich Union wading into the debate with different points of view. Are s32s being overplayed as a solution for those in EPPs and other occupational money-purchase schemes? Advisers could not be blamed for feeling confused when even gurus cannot agree. Revenue & Customs and the FSA must give clear guidelines as to how advisers should be doing the job they have been set.

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