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An IFA firm has issued a formal complaint to US life insurance giant The Hartford over the incorrect tax treatment of clients who have annuities with its UK subsidiary Hartford Life.
Advisers left in the lurch by The Hartford's departure from the UK market should carry out a full review of their options for the £50m-£100m of clients' money slated to be placed with the US giant, urges Living Time.
Lincoln Financial Group has unveiled its new flexible pension solution, which caters for both the accumulation and decumulation periods of retirement.
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