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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.
Barnett Waddingham appoints new relationship manager
He will develop the firm's Sipp proposition in the adviser market and build relationships with investment management firms and platform partners.
Mr Banks joins Barnett Waddingham from Sipp Investment Platform Ltd where he worked as operations director. He has previously worked for Suffolk Life as head of investment development.
Julia Bassett, chief executive of Barnett Waddingham, said: "Gordon's appointment comes at an exciting time of growth for Barnett Waddingham Sipp as we continue to expand our proposition within the adviser market.
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"Having recently upgraded our underlying technology platform to support our Sipp offering, Gordon's appointment will allow us to capitalised on the increasing demand we are seeing for bespoke Sipp solutions.
"This investment into new technology and additions to our team will allow us to drive innovation within our Sipp offering and bring new products to the market faster."
Barnett Waddingham administers over 2,200 Sipps with almost £1bn in assets under administration including 800 properties. It has been offering SSASs since 1989 and Sipps since 1999.