Hargreaves Lansdown co-founder sells £300m stake

Peter Hargreaves, one of the co-founders of fund platform Hargreaves Lansdown, has sold off a £300m stake in the firm he launched with business partner Stephen Lansdown in 1981.

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Average age of HL clients falls from 45 to 37 

Hargreaves Lansdown has seen the average age of clients drop from 45 to 37 in what it believes is a significant shift in its client demographics, it revealed today in its half yearly results.

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Hargreaves Lansdown NED steps down to take Royal London chair

Shirley Garrood, senior independent director at Hargreaves Lansdown, is to step down at the end of 2020 in order to take up the position of chair of Royal London Asset Management in 2021.

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Editor’s Column: The £1bn business lesson

In 1981 two bored but ambitious accountants started a British investment business from a spare room. Today they are billionaires.

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