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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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90% of advisers report leap in IHT enquiries
More than nine in 10 financial advisers (92%) have seen a rise in enquiries about inheritance tax in the run-up to the Budget on 26 November, according to a new report.
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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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Pensions group XPS, owner of the Xafinity SIPP and SSAS business, has launched XPS Transfer Watch, a service to track pension transfers by value and activity.
Investec is to shut its direct to consumer Click & Invest online arm after operating losses topped £25m over the past two years in a move which will end the operation's SIPP ambitions too.
Complaints Management Companies (CMCs), now regulated by the FCA, have spurred a big jump in SIPPs complaints with the number almost doubling to 3,811 in the last financial year, up from 2,000 in 2017-2018.
Most pension trustees (88%) have expressed fears that scheme members will face “predatory attention” from scammers.
Now Pensions has revealed it has submitted an application for master trust authorisation to The Pensions Regulator (TPR).
More than 20 per cent of clients of IFA firm deVere Group have sought advice on moving UK assets out of Britain since the Brexit vote in 2016.