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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.
Cofunds pair among trio of new bosses joining James Hay
Gary Burch and Adam Kelly are leaving their jobs at Cofunds to take the new positions.
Platform consultant manager Gary Burch, who was key account director at Cofunds, will be responsible for large accounts.
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Adam Kelly, who has been strategic partnership manager, becomes business development manager.
Paul Speight, who will run key relationships, joins from LV=, where he is key account manager.
All three will report into director of distribution development Paul Bagley and will take up their positions at James Hay in March.
Mr Bagley said: "The guys are raring to go and with Modular iPlan - the evolution of the hugely successful Modular iSipp – going live on 3 March the timing for getting Adam, Gary and Paul off and running couldn't be better."
The business expects to announce further Sales appointments in the coming months.