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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.
AJ Bell appoints sales director for SIPPs
Gary Dale joined the firm this week, having previously held senior positions at Old Mutual Wealth and Investec, with his main responsibility being to look after the company’s SIPPs.
He will also be responsible for leading sales at AJ Bell Investcentre.
He will report to AJ Bell Investcentre’s managing director, Fergus Lyons, and he will also work alongside business development director Malcolm Gordon.
Mr Dale said: “I’m delighted to be joining the AJ Bell Investcentre team at a crucial time in their development, as they continue to build their reputation as one of the leading players in the advised market. I’m looking forward to leading the team into our next phase of growth.”
Fergus Lyons said: “Gary’s experience of the adviser market makes him an ideal addition to our team at a time when demand for our platform has never been higher.
“He also understands how advisers are using packaged investment solutions to meet client needs, and this is a new area for our business. We look forward to working with Gary to build on the success and growth we have experienced in recent years.”