Hargreaves Lansdown launches entry-level investment service

The service will offer the Legal & General UK Index fund for an ongoing annual charge of 0.04%, down from its typical 0.1%, in recognition of its suitability for those entering investment markets for the first time. Users will also receive monthly educational tutorials to help them better understand the basics of investing, including a jargon buster, FTSE updates, the difference between saving and investing and explaining the building blocks of an investment portfolio. Hargreaves Lansdown Chartered financial planner Danny Cox said: "The need to invest for the future has never been gre...