Hargreaves Lansdown denies transfer backlog for all clients following Woodford saga

Hargreaves Lansdown (HL) has denied claims there has been an asset transfer backlog for all clients who were affected by the Woodford saga. On Friday (22 November), Hargreaves rivals Interactive Investor, AJ Bell and Bestinvest told The Financial Times that the time it has taken for customers to transfer their investments to their platforms from HL has increased dramatically since the summer. According to the D2C platforms, HL customers who have been affected by the Woodford crisis are having to wait up to two months to transfer their assets to other platforms. An AJ Bell spokesper...