Hargreaves Lansdown

Ben Yearsley has left his role as head of investment research at Charles Stanley Direct after less than three years.

Sterling jumped 0.6% against the US dollar this morning, on the news wages in the UK grew at their fastest rate since 2001 in the three months to the end of April.

Hargreaves Lansdown has launched six "ready-made" portfolios for non-advised investors, offering access to its £5bn multi-manager range for an ongoing fee below 2%.

As much as £400bn could be held in 'dinosaur' funds, according to Hargreaves Lansdown, as investor inertia sees cash left languishing in stagnant products.

Fund buyers are debating whether to sell out of the £4.4bn Newton Asian Income fund following the departure of Jason Pidcock, while asking if he can replicate his success at Jupiter.

Hargreaves Lansdown unveiled plans for a new non-advised service in its latest trading update, but its shares fell as it revealed rising costs including an FSCS levy of £4.6m

Financial regulators in the US are warning investors and advisers to beware the limitations of automated investment tools.

A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.

Will robo-advice take off in the UK?

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