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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.
SIPPs firm appoints new chief financial officer
The firm revealed that it has hired Dan Cowland to the role, with effect from 8 July, subject to regulatory approval.
Mr Cowland’s previous role was as finance director for WH Ireland Group plc, a role he held for five years.
Prior to this, he was finance director at Shore Capital Stockbrokers from 2010 to 2014.
He has also held senior finance roles at Macquarie Bank and Lehman Brothers.
Curtis Banks says that current CFO, Paul Tarran, will remain a member of the board “for a period of time, to ensure an orderly hand-over, before standing down”.
Will Self, CEO of Curtis Banks, said: “It is a measure of our quality and future plans for growth that we’re able to attract high quality people to Curtis Banks, and I’m delighted to welcome Dan on to our Board as CFO.
“He brings a wealth of experience, having grown listed businesses in our sector, and is a great addition to our strong management team as we look to build on our momentum.
“I would also like to take this opportunity to extend my sincere thanks to outgoing CFO Paul Tarran for the enormous contribution he has made to the business over a number of years.
“It has been my privilege to work alongside Paul during my time in the business, and we wish him all the best for the future.”
Mr Cowland said: “I’m delighted to join Curtis Banks at an exciting time in their journey.
“I’m looking forward to working with the management team and board to help deliver the next stage of growth and drive shareholder value.”