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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.
New manager at Parmenion to launch Sipp wrapper
Diane Jones, a member of the Association of Member Directed Pension Schemes, will head up the project.
She has over 15 years of experience in the pensions industry.
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Patrick Ingram, head of corporate relationships, said: "Whilst we have over 30 Sipp wrappers available on our platform, we have had significant demand from advisors to bring a Sipp option in-house.
"With the phenomenal growth we've seen this year, it is the right time for us to develop this service.
"An in-house Sipp wrapper allows for further back office efficiencies, through a single platform based online application process for all product wrappers."
He added: "The Sipp is just one of the significant adviser focused developments that we have planned for 2014."