The chief executive of Hargreaves Lansdown has apologised to clients hit by the suspension of the Woodford Equity Income Fund.

Bristol-based investment provider and Financial Planner Hargreaves Lansdown has reported its number of active clients has reached 1,188,000 - up 53,000 on the previous trading period and up nearly 100,000 in the past 12 months.

Hargreaves Lansdown has appointed a new marketing director.

JP Morgan Asset Management (JPAM) has appointed Hargreaves Lansdown to provide its OEIC managed fund investors with an option to transfer their holdings onto the HL Investment Service.