Hargreaves Lansdown

Hargreaves Lansdown co-founder Stephen Lansdown has sold 5.5m shares in the wealth manager, bringing his stake in the company down below 20%.

Steve Webb's pot-follows-member pension policy will make it easier for people to manage multiple pension pots but clarification is needed on the role of advice, Aegon has said.

The "high profile" of Tesco will boost retirees' inclination to shop around for the most appropriate pension income product after the supermarket giant announced it is to launch an annuity comparison service, according to Tom McPhail.

FIVE THINGS

Peter Hargreaves is now the country's 47th richest person, with a fortune of more than £1.5bn, according to the 2013 Sunday Times Rich List.

Hargreaves Lansdown has topped the FTSE 100 index in early trading after reporting record levels of assets under administration in its quarterly results this morning.

In this week's quick fire Retirement Planner poll we ask: Given recent coverage of enhanced annuity commission charged on Hargreaves Lansdown's annuity search engine - how much commission is too much?

Hargreaves Lansdown has achieved record levels of assets under administration after attracting £4.7bn of new money in the three months to April.

Investment platforms are still slapping customers with excessive penalties in an attempt to discourage them from leaving.

Hargreaves Lansdown has launched the ‘UK's first free' enhanced annuity search engine.