Hargreaves Lansdown expects to announce details of its new pricing model for funds in "November or December" after it reported record full-year results for 2013.
Announcing its full-year results for the year to 30 June, the group said revenue, profits, assets under administration (AUA) and active clients numbers all reached record levels over the period. Hargreaves remains confident it can introduce an unbundled pricing structure "smoothly and efficiently". CEO Ian Gorham (pictured) said: "Our investment in negotiating lower charges for clients and our own investment in systems to facilitate low charges will result in the majority of clients paying less for their investing services in future. We expect to introduce our new pricing model for f...
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