Hargreaves Lansdown Vantage boss Nick Marson exits

Marson joined Hargreaves Lansdown in 2009 and worked as director of Vantage and broking operations. His responsibilities will be taken over by chief operating officer Vikki Williams and commercial director Ian Hunter. In its most recent results for the three months to 30 September, the firm said assets under administration in its Vantage service decreased from £52.3bn to £51.9bn, due to the negative impact of stockmarkets. It also announced net new inflows were £1.4bn, up 47% year-on-year and helped by the acquisition of J.P.Morgan Asset Management's client bank assets. However,...