Online investment platform Hargreaves Lansdown saw pre-tax profits dip by 3% over the past year but reported clients numbers surging by 233,000 to a record 1.645m.

Young Financial Planner Ravi Prema, who qualified as a Chartered Financial Planner at 23 years old, is being lined up to take over the family-run financial advice business Prema Financial Services. 

Six Nucleus directors have stood down from the company today as the takeover of the business by James Hay is completed creating a platform managing £47bn in funds.

Fintel, formerly known as SimplyBiz, has sold its ‘non-core’ Zest tech business for £10m, the company reported today.