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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.
Planners urged to grab auto-enrolment opportunities
A new wave of companies with 100 staff or less are set to stage from May 1.
Tim Hines, business and strategy consultant at Optimus consulting, said: "Many of these employers have no existing adviser relationship, making them prime prospects.
"This employer group are a perfect match for local advisers to serve with a well-considered scalable, competitively priced, end to end proposition.
"Every adviser has business owners on their client list who will expect help or be forced to look elsewhere.
"The window of opportunity is closing quickly, so advisers need a solution or will miss the boat."
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He said many advisers have yet to build an auto-enrolment proposition and he wants them to consider his company's new package. This includes templates for every stage of the auto-enrolment process for companies set to stage - the initial approach letter, enquiry report, fees and invoicing process, suitability report, control sheet, right through to scheme registration and sign off. Optimus said it will cost advisers a one off £6,000 payment.
Mr Hines said: "We believe that the vast majority of employers just want a straight forward no frills solution that doesn't inflate their costs more than is absolutely necessary".