Hargreaves cuts minimum investment level as it targets lower net-worth clients

clock

Hargreaves Lansdown is reducing the minimum investment required to open an account from £500 to £100 in a bid to entice low-value clients.

In a revamp of its Vantage platform, the firm is also waiving a number of other fees, including probate charges, corporate action charges and the fee for transferring between accounts on the platform....

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

David Ferguson: "I think we will see big changes on how platforms can support advisers and customers with better integration of systems."

Exclusive David Ferguson interview: Platform switching activity to rise in 'redefined' market

Ferguson to run Octopus-owned Seccl

Jenna Brown
clock 20 January 2022 • 3 min read
There's more awareness among legal teams of the importance of getting advice at the very beginning and all the way through a divorce, says Ceri Griffiths, principal at Willow Brook Lifestyle Financial Planning.

More women seek financial advice as post-lockdown divorces rise, advisers say

'No longer a big scary journey'

clock 12 January 2022 • 3 min read
Martin Tilley: " The making of the initial EoW is usually at the point of creating or joining the pension scheme and reviews are often overlooked, despite sometimes quite substantial changes in an individual's circumstances."

Martin Tilley: Where there is a will, there should be an expression of wish

Expression of wish forms explained

Martin Tilley
clock 11 January 2022 • 3 min read