Hargreaves Lansdown

Hargreaves Lansdown chief financial officer Tracey Taylor has stepped down from her role and will leave the business next year.

Rob Hudson is leaving his role as head of Charles Stanley Direct at the end of December after three and a half years.

Citi analysts have downgraded platform giant Hargreaves Lansdown to a 'sell' due to expected pressure on revenues as platform fee competition intensifies.

Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.

Hargreaves Lansdown has hired Steve Clayton, partner at Mirabaud Securities, as head of equity research.

'We will not be hiring any more big names'

Nick Train has been aggressively topping up his holding in Hargreaves Lansdown shares, arguing fears over margin pressures at the platform are unfounded.

'There could be disasters in the D2C space'

L&G is to reduce ongoing charges by up to 55% on selected retail index funds in the latest sign of price pressure in the passive investment space.

The operators of twenty-eight of the UK's largest investment platforms are forming the UK Platform Group in a bid to more fully represent the industry.