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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.
A SIPP consultant has critcised the Financial Conduct Authority (FCA)’s new rules for a stronger nudge towards pension guidance.
Read more: SIPP consultant slams 'poorly timed' FCA pension rules
Nine in ten SIPP millionaires are men, as the gender pension gap continues to bite, according to new research.
The Financial Conduct Authority has banned five directors of financial advice firms from working in financial services and fined them over £1m.
Read more: FCA bans 5 advice firm directors for pension mis-selling
Over two thirds (72%) of financial advisers think providers do not give enough clear and consistent information about how to complete expressions of wishes.
Read more: Advisers frustrated by provider expression of wishes process
The Financial Conduct Authority (FCA) has placed a restriction on Bristol-based SIPP provider Hartley Pensions preventing the firm from taking on any new business.