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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.
Standard Life seals 10 year deal on SSAS admin
The Embark Group company will continue to provide administration, advisory and actuarial support to the SSAS portfolio that carries the Standard Life brand.
Rowanmoor says this strengthens a relationship that has lasted 20 years since its inception, with the new contract targeting a 30-year relationship, making it one of the more enduring commercial partnerships in the financial services arena.
Rowanmoor believes it is the UK’s largest independent SSAS provider, with almost 4,000 SSASs operated under its own brand, other brands within the Embark Group and for third parties such as Standard Life.
Lucy Matthews, Rowanmoor managing director, said: “It is a great testament to our commercial relationship with Standard Life that we have entered into a new, long-term agreement. This is founded on exceptional client service, the cornerstone of our business, and providing the right service proposition to the clients and advisers of Standard Life.”
Alistair Hardie, head of Individual and Workplace Products at Standard Life, said: “Standard Life has a longstanding relationship with Rowanmoor. Our SSAS customers expect the best possible service and Rowanmoor has consistently demonstrated its ability to deliver the right level of service and customer care to both our SSAS clients and their advisers.”
Embark Group is a retirement solutions provider with companies providing SSAS, SIPP, Investment Wrap, Fund Research, Employee Benefits Consulting and Chartered Financial Planning.