Shares in Hargreaves Lansdown fell almost 3% today after RBS downgraded the business from 'hold' to 'sell'.
Who moved where in another busy week in financial services...
Six months on from reforms and in a sustained period of market volatility, Fiona Murphy looks at how advisers should tackle the issues that income drawdown presents
Banking and asset management giant Investec has exited the FTSE 100 as part of the latest re-shuffle of the UK's leading share index.
Hargreaves Lansdown has added an "ultra-low-cost" UK tracker fund to its Vantage platform.
Advisers should consider the ownership of a platform when doing their due diligence as foreign-owned platforms are historically more likely to pull out of the market, according to Ascentric managing director Hugo Thorman.
Pensioners may be forced to move drawdown provider as many are behind legislative changes, says Hargreaves Lansdown.
Wrap platforms have defended Hargreaves Lansdown's plans to charge a flat fee of up to £2 per month for tracker funds, saying the move is one of commercial necessity.
Hargreaves Lansdown plans to charge investors who hold certain tracker funds on its Vantage platform a flat fee of up to £2 per month, compared to the current annual rate of 0.5%.
Nationals round-up: Hargreaves Lansdown criticised, another look at investing in technology and inflation assessed.