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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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The Sipp as originally envisaged by former Chancellor Nigel Lawson is "now an endangered species", a leading expert says, as the 25th anniversary of its creation was marked.
Two former directors have been banned by the FCA for failing to assess the suitability of investments made through Sipps for their customers.
Sipps related claims are behind a £20m interim levy on life and pensions intermediaries announced by the FSCS today.
Chancellor George Osborne has confirmed in his Budget today that 5m people will get the freedom next year to sell on their annuities for cash.
A Sipps administrator has expressed disappointment that the lifetime allowance is to be cut from £1,250,000 to £1m.
Dangers lie ahead for consumers under plans for the re-selling of existing annuity contracts, a Sipps firm has warned.