IFA firm Hargreaves Lansdown has confirmed its Initial Public Offering on the London Stock Exchange has been set at 160p a share, which implies a market capitalisation of around £759m.
Hargreaves Lansdown has announced its share price after the firm floated on the stock market last month.
Hargreaves Lansdown will be valued between £650m and £700m, IFAonline has learnt.
Hargreaves Lansdown has this morning confirmed it will float on the London Stock Exchange next month.
Introducing a non-contestability period into life and critical illness insurance policies will encourage preferred life underwriting and favour the healthy and wealthy, says Jon Briggs, protection research manager at Hargreaves Lansdown.
The Law Commission's proposals to introduce a non-contestability clause into life insurance and critical illness policies is likely to lead to a cross-subsidy in favour of "liars", warns Jon Briggs, protection research manager at Hargreaves Lansdown....
One of Britain's largest sellers of investment products is preparing to float on the stock market in a move which could net each of its two founders a £240m fortune, says the Sunday Times .
Asda and Lifesearch have entered into a partnership to offer life and protection products to consumers through a phone and online service from 29 January.
Standard Life has announced it is withdrawing its pension term assurance policy as of today, following strong hints by the Treasury it will withdraw the right to use the product.
A quarter of advisers will only use pension term assurance for higher rate taxpayers, according to research from Standard Life.