Hargreaves Lansdown (HL) needs to "grow up" and "be more mature" with processes around compiling its Wealth 50 list of best-buy investments, according to its investor Baillie Gifford's Milena Mileva.
HL has come under fire for its recommendation of Neil Woodford's eponymous equity income fund, which was suspended in June after a liquidity crisis before its administrator said it would now be wound up....
Mixed industry reaction to new appointment
Follows extended period of underperformance
Winning back consumer confidence
New manager likely to be appointed
Ceremony takes place on Wednesday 20 November
Lost to Labour's Mick Whitley
Landslide win for Tories