Hargreaves Lansdown

Hargreaves Lansdown is to drop the independent status of its financial advisers in favour of going restricted, and is overhauling its charging structure.

Assets under administration up 18%

Positive Solutions has reappeared in the Financial Ombudsman Service's (FOS) list of the top five most complained about advice firms.

Hargreaves Lansdown has hired Chris Hill as its new chief financial officer, ending the search for a replacement after Tracey Taylor left at the end of last year.

An award for the direct platform offering the most transparent and plain-English charges, terms and conditions has no recipient for the second year running.

Consumer group Which? wants the Financial Conduct Authority (FCA) to take action to simplify drawdown charges to make pensions freedom and choice retirement income options easier to understand.

Jupiter is handing its £60m investment trust savings and ISA businesses to Hargreaves Lansdown to administer, in a deal for an undisclosed sum.

Winners of the Fund Manager of the Year Awards 2015

The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.

Hargreaves Lansdown has agreed to acquire £370m of assets from J.P. Morgan Asset Management, for an undisclosed amount, as the latter ceases to offer direct investments to certain individual clients.