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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 and SSAS included in extension of investment scheme
Family-linking, which is only available on a limited number of platforms, is a feature that allows up to three generations of the same family to link their assets on the Zurich platform.
The purpose is to ensure that they all receive the lowest possible platform pricing across their combined investments.
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Families with individual assets or assets held under trust will gain financially from this enhancement.
Alistair Wilson, head of retail platform strategy, said: "Family-linking is core to our platform offering and we are pleased to be able to bring family trusts and trustee investments into scope.
"We have seen a number of platforms move away from family-linking for trusts essentially due to the additional administrative checks involved.
"Our extension will have a significant positive impact on clients and the cost of running their investments.
"It also recognises the important tax planning work undertaken by advisers and ensures clients are not penalised because their adviser has recommended a trust.
"With more families bringing assets onto platforms it is important they continue to receive clear and simple benefits for doing so."