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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.
Guy Opperman remains in post as pensions minister
Mr Opperman’s reappointment was revealed at the end of last week as new Prime Minister Boris Johnson continued his reshuffle.
He was originally appointed on 14 June 2017.
On Friday he tweeted: “Delighted to continue as Minister for Pensions + #FinancialInclusion.
“We have achieved so much
- #AutoEnrollment at 8% for 10 million +
- championing #PensionsDashboard
- introducing #ESG to tackle the #ClimateEmergency
“More to do, now let’s keep moving forward.”