Hargreaves Lansdown

[5] Hargreaves Lansdown initially provided information to clients on unit trusts and tax planning matters.

Her decision followed criticism from the company’s co-founder Peter Hargreaves over the firm's rising costs and a falling share price.

[12] In 2019, Hargreaves Lansdown suffered reputational damage when trading was suspended in Woodford Investment Management's Woodford Equity Income Fund (WEIF), which Hargreaves Lansdown had been promoting through its Wealth 50 list despite concerns about the fund's investment strategy and underperformance.

[17] By November 2024, RGL said the number of people suing Hargreaves Lansdown had almost doubled in two years, to over 5,000, and could reach 10,000 by March 2025.

[3] Hargreaves announced he would sell half of his 20 per cent shareholding, rolling over the rest into the future private company.

[19] The HL platform enables investors to hold different types of investment together in one place with one valuation and dealing service.

The company also offers a currency service, enabling investors to access exchange rates and send money abroad.