Hargreaves Lansdown is in talks to join the Tax Incentivised Savings Association (Tisa) following the body’s successes over platform re-registration and small pension pot reform.
Hargreaves’ head of pensions research Tom McPhail (pictured) said: ‘A conversation has taken place between individuals from Tisa and Hargreaves. There was some discussion of the possibility of Hargreaves joining Tisa, though it would be premature to speak of concrete decisions being made.’
Hargreaves is currently a member of just one trade body, the Association of Member Directed Pension Schemes, which works on behalf of Sipp providers.
McPhail said Tisa represented a much wider range of financial services interests, and its work on platform re-registration and involvement in the reform of small pension pot transfers made it more attractive