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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.
Pointon York says it is reaping benefits post RDR
In November 2012 Pointon York sold a legacy book of business to Suffolk Life enabling it to focus on its strategy of offering a low cost online eSIPP wrapper linked to a panel of investment providers.
In the first half of 2013 Pointon York has reported a 35 per cent increase in Sipp sales of their eSIPP made over the same period last year.
Ian Bell, Executive Chairman of Pointon York SIPP Solutions said: "There has been significant interest from advisers in our products over the last six months which is testament to our work and focus in offering innovative technology led solutions to advisers.
"We are confident that due to our recent operational changes to dedicated portfolio administrators, along with enhancements to our current product range, we will continue to see the number of advisers and distribution partners increasing over the remainder of 2013."
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Pointon York was established in 1971 by Geoffrey Pointon and Syd York - Geoffrey Pointon is still the majority shareholder and runs the group of companies to this day. The Group is an independent financial services company which has a number of subsidiaries, including Pointon York SIPP Solutions Limited, a provider of self-invested personal pensions.