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James Hay has appointed a new boss from rival platform provider FNZ.

Net new business in Hargreaves Lansdown’s Sipp nominee accounts was £1.2 billion for the last six months of 2015.

MPs will this afternoon debate claims that retirement plans “have been shattered with devastating consequences” due to transitional state pension arrangements.

Mattioli Woods increased its Sipp and SSAS funds under trusteeship by £68.5m from May to November last year, it reported this morning, as it eyed further acquisitions.

A Sipp provider has announced details of a maiden dividend to shareholders this morning.

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