The rise of the mobile investors has helped wealth manager and investment provider Hargreaves Landsown double client numbers in less than 5 years to reach 1 million clients.

Hargreaves Lansdown announced today that Mike Evans is to step down as board chairman when a successor has been identified.

Platform provider Transact has launched a Lifetime ISA from today to add to its existing flexible ISAs and JISAs. It is one of a number of providers to launch LISAs although many banks have remained lukewarm on launching their own LISA.

Bristol-based investment provider and adviser Hargreaves Lansdown has urged investors to be wary of over-relying on fund sector classifications as the Investment Association launches a new sector called Volatility Managed.