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Hargreaves Lansdown hits landmark 2m clients
Investment platform and SIPP provider Hargreaves Lansdown has notched up its milestone 2 millionth client and has also seen record assets under management, according to its 2025 Annual Report.
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Failed SIPP firm clients updated ahead of legal judgment
Clients of failed SIPP provider Hartley Pensions Limited - who have had funds ring-fenced - have been given an update from joint administrators UHY Hacker Young ahead of a legal judgment expected in late October.
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JPMorgan to replace Nutmeg with new investment platform
JPMorgan is to launch a retail wealth management and investment business with its own DIY investment platform next month.
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5 year gap between dream retirement age and expectation
While people dream about retiring at 62 they do not expect to be able to retire until they hit 67, according to new research.
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Sales of escalating annuities surge
Sales of escalating Guaranteed Income for Life annuities that have some inflation protection, accounted for a fifth of all sales in 2024/25 and have increased by 17% year-on-year.
Pensions dashboard to move a step closer next week
Simon Kirby, the economic secretary to the Treasury will publicly launch the Pensions Dashboard Prototype and challenge teams of developers from over 20 technology firms to build potential applications in a 24 hour TechSprint.
The ABI event will also be attended by policy and consumer experts to discuss how dashboards can best help consumers understand and make decisions about their pensions.
The event will be part of the second FinTech Week which takes place next week. The week will see some of the biggest names in UK and international FinTech when the second UK Fintech Week takes place in London next week.
The event brings together industry, government and regulators to discuss issues affecting Britain’s FinTech sector, including investment, access to skills and business support to FinTech start-ups.
The centrepiece is the first International FinTech Conference organised by HM Treasury and the Department for International Trade on 12 April.
The event is hosted by Chancellor Philip Hammond and featuring the Governor of the Bank of England, Mark Carney and the Economic Secretary to the Treasury, Simon Kirby as well as other leading figures from FinTech, Venture Capital and
Financial Services organisations including Taavet Hinrikus (TransferWise), Samir Desai (Funding Circle), Eileen Burbidge (HM Treasury Fintech Envoy), Xavier Rolet (LSE plc), Douglas Flint (HSBC), Alastair Lukies (Prime Minister’s Business Ambassador - FinTech) and Andy Stewart (Motive Partners).
The conference is sponsored by EY, HSBC, Pinsent Masons and Motive Partners and will include exhibition space for 100 of the UK’s top FinTech firms.
Chancellor of the Exchequer, Philip Hammond said: “Britain is already the best place in the world to start and grow a FinTech company. These events are a great opportunity to show why. The first ever International FinTech conference will bring together dynamic UK firms with an exciting vision of the future, and global investors who can support their future growth.”
Economic Secretary Simon Kirby said: “Growing our FinTech sector will deliver a radical change for consumers. It will revolutionise how we all bank and improve financial inclusion at home and abroad.”