Hargreaves Lansdown

Skandia has handed a £640m life mandate currently run by Invesco Perpetual's Mark Barnett to Neil Woodford, in a move Hargreaves Lansdown analysts suggest may be the first of many.

The average gap between the best and worst annuity rates is almost 35%, according to analysis of official market figures by Hargreaves Lansdown.

Hargreaves Lansdown is reducing the minimum investment required to open an account from £500 to £100 in a bid to entice low-value clients.

Platform sales reached a new record in the second quarter, according to a Fundscape report which pointed to Budget reforms as a key driver of the surge in interest.

Transact has appointed Goldman Sachs to broker a full sale of the business, with senior staff open to an exit if a takeover is agreed, Professional Adviser's sister title Investment Week understands.

The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.

Miton Group UK equity income manager Bill Mott is to retire from fund management at the end of the year.

The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.

The government's latest Pensions Bill will be laid before parliament today but the timing for the introduction of defined ambition (DA) pensions couldn't be worse, Tom McPhail has said.

Adrian Lowcock has left Hargreaves Lansdown after just 18 months at the D2C platform giant.