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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
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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.
Ex-Skandia chief joins AJ Bell's board
The Sipps and platform firm has added John Tomlins to its board and as the chair of the Audit and Risk Committee.
Mr Tomlins' career has been spent in the IT and financial services sectors, working at IBM, Prudential and Britannic.
He was a co-founder of Selestia in 2001 and went on to be chief executive of the shared services division of Skandia when it acquired Selestia in 2006 until his retirement in 2010.
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An AJ Bell spokesman said: "John oversaw the launch of its investment platform and pioneered breakthrough thinking about client investment solutions and transacting business on-line.
"Whilst at Skandia, John played a key role in the development of the customer proposition that resulted in the growth of the assets under the administration of the platform from £5 billion to £40 billion."
Mr Tomlins said: "AJ Bell has an excellent reputation within the financial services sector, is one of the fastest growing investment platforms in the UK and continues to increase both customer numbers and assets under administration at an impressive rate."