Hargreaves Lansdown
Hargreaves Lansdown CEO to step down, assets exceed £60bn
Hargreaves Lansdown said its chief executive Ian Gorham is to step down by the end of September 2017, as the FTSE 100 quoted UK platform announced its assets under administration had grown 12% to £61.7bn over the year to 30 June.
Retirement | 6 Sep 16
No secondary annuity market service for Hargreaves Lansdown
Hargreaves Lansdown will not offer a service for investors to sell their annuities when the UK government scheme launches next year, citing too many risks for investors.
Aviva says property trust will stay shut until 2017
Aviva Investors has advised that its property trust will stay closed to trading for another six to eight months.
Aberdeen has deeper problems than property outflows
Aberdeen saw outflows of £1.5bn ($2bn, €1.8bn) from its property funds in the three months to June, but some analysts see this as merely a “sideshow” to deeper problems.
Investment | 1 Jul 16
Gilt yields go negative for first time
Gilt yields have gone negative for the first time in the wake of Mark Carney’s speech on the economy yesterday afternoon.