July Budget 2015: IFA Hargreaves Lansdown offers 10 tips for investors to navigate new dividend rules carefully July 9, 2015 Yesterday's Budget included a significant shake up of the way dividends are taxed. Instead of the current tax credit, from next April investors will receive a £5,000 allowance after which dividends will be taxed at 7.5 per cent, 32.5 per cent, or 38.1 per cent depending on their income tax band. Isa and pension [...]
Hargreaves Lansdown share price falls as costs mount – although pensions savers aren’t buying Ferraris May 20, 2015 When the chancellor first announced plans to lift rules forcing pensions savers to buy annuities in 2014, much was made of the fact a generation of pensioners could go and splurge their pension pots on Ferraris. But two months after savers were given access to their pensions, Hargreaves Lansdown has said people are being eminently [...]
How to be a billionaire: Business lessons from Hargreaves Lansdown founder Peter Hargreaves April 15, 2015 Yesterday, Hargreaves Lansdown’s Peter Hargreaves announced plans to step down from the board after 34 years steering the company he co-founded. According to the Sunday Times Rich List, Hargreaves is worth £2.4bn. How did a plain-speaking accountant become the UK's 39th-richest person? Here are six of Hargreaves' rules for life. 1. Billionaires don't borrow [...]
Hargreaves Lansdown share price falls as co-founder Peter Hargreaves leaves board after 34 years April 14, 2015 Hargreaves Lansdown's share price dropped 4.4 per cent this afternoon as it revealed co-founder Peter Hargreaves was stepping down from the board of the company that bears his name. Hargreaves, who along with Stephen Lansdown set the Bristol business up in 1981, is stepping down from the Hargreaves Lansdown board with immediate effect. He [...]
Savers rush to fill their Isas as personal finance “Christmas sales” approach March 30, 2015 It's that time of the year again – as the end of the tax year approaches, the nation's cash-rich are in a savings frenzy, hurrying to stow as much in an Isa as possible. In fact, financial adviser Hargreaves Lansdown suggests, savers will put £2.6bn into stocks and shares Isas this week. According to the [...]
Budget 2015: Personal finance groups including Hargreaves Lansdown, St James’ Place and Rathbone’s share price boosted by “saving revolution” Budget March 18, 2015 Personal finance groups were treated to a share price boost this afternoon, after George Osborne unveiled “a saving revolution”. Bristol-based IFA Hargreaves Lansdown led the pack, up 4.8 per cent at pixel time. St James' Place also jumped on the announcements, up 3.5 per cent. Rathbone Brothers's share price was up two per cent, while [...]
Hargreaves feels the pain of funds industry sales dip February 4, 2015 WEAKER stock markets slowed Hargreaves Lansdown’s sales in the latter half of 2014, the company’s chief executive told City A.M. yesterday. Ian Gorham, who has been at the helm since 2010, said a slump in the FTSE between July and December had created a sluggish environment for retail funds sales across the industry. “It’s definitely [...]
Hargreaves Lansdown share price drops as profits fall February 4, 2015 Hargreaves Lansdown's share price has fallen more than 5.8 per cent after profits fell two per cent in the second half of last year. Revenues rose 24 per cent to £197.2m, but commission and bonus payments soared 228 per cent, while other operating costs were up 10 per cent, eating into the company's bottom line. [...]
Hargreaves Lansdown sacks employee over “joke” tweet about hitting cyclist with car January 6, 2015 An employee at finance firm Hargreaves Lansdown has been sacked after tweeting that he had hit a cyclist while driving to work, but didn’t stop because he was late. Rayhan Qadar tweeted “Think I just hit a cyclist, But I’m late for work so had to drive off lol” on Monday morning telling the BBC [...]
Hargreaves Lansdown share price hit by market fears around Scottish independence and Russia-Ukraine conflict October 14, 2014 Fund supermarket Hargreaves Lansdown was hit by turmoil in the geopolitical arena last quarter, as the fear stalking stock markets dragged down performance. The FTSE 100 giant, based in Bristol, said concerns over the Scottish referendum, conflict between Ukraine and Russia, unrest in the Middle East and poor data from the Eurozone had made customers [...]