Hargreaves to reveal RDR pricing as new business slows

The group said it had successfully modelled a post-RDR fee structure that it believes will be competitive for clients. It said it will communicate the changes at a later date. In an interim management statement covering the three months to 30 September, Hargreaves reported net new business inflows of £0.55bn, which were down 19% on the £0.68bn recorded in the same period last year. A primary reason for the drop, it said, was the introduction in August last year of its upgraded stockbroking service, which at the time drove new business to unusually high levels. But the group said re...