Hargreaves Lansdown

PLATFORMS

Hargreaves Lansdown is confident its business model has the flexibility to cope with the ban on platform rebates proposed today by the Financial Services Authority (FSA).

The government has held firm in its refusal to bow to pressure to give almost six million children access to junior individual savings accounts (ISA).

INVESTMENT ANNUITIES

Liontrust's top performing fund manager Anthony Cross has backed Hargreaves Lansdown's shares to surge after the final rules around platforms and RDR are released.

Eight of the biggest annuity market players cut their rates in May, with Canada Life and Aviva both making a further cut on Thursday leaving retirees with stark options, analysis has found.

Hargreaves Lansdown's investment manager Ben Yearsley has left the firm, Investment Week understands.

WRAPS

INCOME DRAWDOWN

DUE DILIGENCE