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A&L deal could reduce borrower choice
Consumers could face a stripped-down choice of mortgages and savings accounts but potentially some more attractive rates if the proposed takeover of Alliance & Leicester (A&L) by Santander goes ahead.

Pensions longevity proposals delayed
LONDON (Reuters) - The Pensions Regulator has delayed proposals to make pension schemes use more conservative mortality assumptions, after the move came under fire from industry groups which said it created unnecessary pressure.

Keynes