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Vanguard has reached a milestone of 500,000 clients - including SIPP customers - on its UK Personal Investor (UKPI) platform just under six years after it was launched.

SIPP provider STM Group - which owns UK-based London & Colonial - is to move its HQ from Gibraltar to the UK following the arrest and release last year of its chief executive.
Non-retired UK investors are saving a higher portion of their income for retirement than those in Europe, according to the annual Schroders Global Investors study.

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