Barclays is seeking to include a D2C discretionary investment service offering model portfolios to clients in its relaunched consumer platform proposition, Professional Adviser's sister title Investment Week understands.
The FTSE 100 was in the red once again today following losses around the globe overnight, with Hargreaves Lansdown and luxury goods retailers Burberry and Mulberry both taking a tumble on slowdown fears.
Hargreaves Lansdown has said the low interest rate environment will continue to impact its revenues for the remainder of the year, with the business also ruling out any further moves on price for now as investor confidence wanes.
Shares in D2C giant Hargreaves Lansdown fell today after analysts at RBC Capital Markets downgraded the stock on fears its share price will continue to struggle in the face of increasing competition.
Ian Gorham, chief executive of D2C giant Hargreaves Lansdown, saw his total pay climb to £10.6m this year after cashing in some long-term share options.
Wake-up packs for people approaching retirement should be scrapped in favour of a simple pensions passport to help make it easier to shop around, Hargreaves Lansdown has said.
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Axa Wealth is set to launch a list of around 100 favoured funds in the mould of Hargreaves Lansdown's Wealth 150, to help advisers "cut through the noise".
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Investors in all parts of the UK will face increased costs if Scotland votes for independence, Hargreaves Lansdown has warned.