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Widows or Clerical may have to be sold

Lloyds Banking Group could be required to sell Scottish Widows or Clerical Medical due to its receipt of state aid if the European Commission forces a restructuring.

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Pension poll position

The YouGov/Money Marketing monthly IFA survey shows almost a 50/50 split regarding the issue of whether the Government’s Budget decision to cut pension tax relief for people earning over £150,000 will significantly damage long-term savings.

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