Hargreaves Lansdown sees record £7.6bn net new business in 2017-18

'Client service key to structural growth'

Julian Marr
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Hargreaves Lansdown's assets under administration grew to £91.6bn in the period up to 30 June
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Hargreaves Lansdown's assets under administration grew to £91.6bn in the period up to 30 June

Hargreaves Lansdown attracted £7.6bn of net new business over the 12 months to 30 June 2018 - a 10% rise on the preceding 12-month period and a new record for the UK's largest direct-to-investor investment service.

The group's annual results, published this morning, also revealed assets under administration had grown 16% to £91.6bn in the period under review, while the number of "active clients" was up by 137,000...

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