Questions on Hargreaves Lansdown's remuneration structure, provider switching times and an IHT warning - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Hargreaves Lansdown advisers double their money if they sell more to clients Hargreaves Lansdown (HL) advisers can more than double their annual salary through a bonus that is directly linked to how much cash they draw in from customers, The Sunday Times reports this weekend. The 90 full-time advisers working at HL are paid a basic salary of £55,000 a year on average, but can earn as much as £58,000 on top of that in the form of a bonus if their customers generate extra fees for the firm by buying more products and investing more money. The Sunday Times says the issue of bonuses fo...
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