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Hargreaves Lansdown has revealed that one eager Sipp investor has just driven a 500 mile round trip from Norwich to Bristol to ensure he beat the end of tax year deadline.
Net new business in Hargreaves Lansdown’s Sipp nominee accounts was £1.2 billion for the last six months of 2015.
Sipp and SSAS operator Rowanmoor has hired a senior sales consultant from rival provider Hargreaves Lansdown for the London region.
Hargreaves Lansdown has reported that over the past year it has received over 150,000 requests for information regarding the new pension freedoms with over 8% of callers asking about topping up or opening a Sipp.
Nearly £26bn of pension savings are "potentially exposed" to annual management charges of above 1%, a report has found.

The gap between the best and worst annuity rates is widening, according to new analysis.

Sales of annuities fell by 16% last year, newly released figures from the Association of British Insurers have shown.
Hargreaves Lansdown, the Bristol-based platform and investment provider, has done a U-turn on its decision to raise charges for clients holding investment trusts including those with Vantage Sipps.
Hargreaves Lansdown co-founder Peter Hargreaves has dedicated his new CBE to his hundreds of employees who helped build the business.
Hargreaves Lansdown has detailed a five point action plan to reform the retirement planning sector following the widespread criticism of the annuity market by the Financial Services Consumer Panel this week.
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