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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.
SSAS firm doubles investment manager pool
Talbot and Muir has partnered with seven further companies as part of its service for clients of its Simple Retirement Account.
The new DFMs are Cazenove, Charles Stanley, European Wealth Management, Henderson Rowe, JM Finn, Smith and Williamson and Vestra.
They join existing panel members Brewin Dolphin, Brooks Macdonald, Canaccord Genuity, Close Brothers, Investec, Quilter Cheviot and Rathbones.
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Claire Trott, head of pensions technical, Talbot and Muir, said: “Many advisers now work closely with their chosen DFM partner to provide the high service levels clients now demand and our SRA product is an ideal vehicle for pension fund monies to be invested in this manner.
“We initially started with five DFMs available to SRA clients but the demand to include others has been high and so we have now increased the number to 14 and will continue to look for additional, appropriate DFM partners.”
Ms Trott added: “We have close working relationships with advisers and listen to their needs, the 14 DFM partners on the SRA panel have been carefully selected based on conversations with advisers who welcome this low cost Sipp option that offers full bespoke Sipp service for their clients who only need a DFM.”
Talbot and Muir described the account as “a low cost DFM only Sipp that now offers access to any 1 of 14 DFM partners and a default bank account with Metro Bank”.
The annual administration fee is £250 plus VAT.