Hargreaves Lansdown

Hargreaves Lansdown has questioned whether cuts to fund charges post RDR will be as widespread as the FSA forecast in its recent Platform Consultation paper, as providers struggle to cope with IFA exits from the market.

Hargreaves Lansdown co-founder Stephen Lansdown is creating a new green private equity fund.

HENDRY SLAMS HARGREAVES

Hargreaves Lansdown saw assets under administration increase by 14% during the third quarter, traditionally a quiet period for the firm, driven largely by positive markets.

Stephen Lansdown, co-founder of wealth manager Hargreaves Lansdown, today sold a near 3% stake in the business, raising some £58m.

Hargreaves Lansdown has added Sanjeev Shah's Fidelity Special Situations to its Wealth 150 list of recommended funds.

GROWTH INVESTING

Peter Hargreaves, the outgoing chief executive of Hargreaves Lansdown, believes smaller investors will struggle to get advice post-RDR.

Hargreaves Lansdown profits increased 18% to more than £86m in the year to 30 June as net business inflows soared.

Peter Hargreaves, the founder and CEO of Hargreaves Lansdown, says former Prime Minister Margaret Thatcher was a "million times" better for businesses than current incumbent David Cameron.