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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.
Google among panel to award tech "game changer" firm
The firm, which launched an in-house Sipp last summer, was selected by a panel including representatives from Google, Microsoft, Fiserv and American Express.
This year's list of 50 top financial technology firms were selected from 780 FinTech companies across Europe
Richard Goodall, partner at Parmenion, said: "This recognition acknowledges the spirit of innovation and flexibility that thrives at Parmenion. Obviously we are thrilled to be identified for our innovation among businesses with global ambition."
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Now in its third year, FinTech recognises companies across Europe with the potential to be what it called "game-changers in financial services technology, with the innovation and staying power to stay ahead of the competition".
A total of 27 UK companies were on this year's list and 'platforms' was one of the most competitive sectors.
Parmenion's understanding of the "client journey to a successful investment outcome" was a key factor in achieving the award. The panel expect financial platforms to evolve away from the 'supermarket' model to an experience that is much simpler and more personalised to the individual.
Mr Goodall said: "This award for our technology stands proudly alongside our other many awards for investment and platform service."
The FinTech50 panel reviewed businesses from four key sectors: payments, platforms, banking & financial, big data & analytics.