Hargreaves delays RDR pricing announcement until 2014

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Hargreaves Lansdown has pushed back its widely anticipated pricing announcement until next year, having previously said it would be revealed in early December.

The group said in a stock exchange announcement this morning that "work was progressing well" and that the "extra time" would allow it to "refine" the Wealth 150. The group said: "Hargreaves Lansdown will also be announcing its RDR pricing structure in early 2014. "This announcement was previously scheduled for the end of the calendar year 2013. The regulatory deadline for implementing our new RDR pricing structure is 6 April 2014. "Work is progressing well and the extra time will allow us to refine the Wealth 150 review and overall proposition so that we ensure we achieve the best...

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