Hargreaves Lansdown likely to remain independent post RDR

Hargreaves Lansdown has said it "intends" to remain independent after the Retail Distribution Review (RDR).

The firm said although it has yet to arrive at a final decision, it intends to keep its adviser arm, Hargreaves Lansdown Financial Practitioners, independent. "We are independent today and we intend to remain independent after RDR but we have not made an announcement," said a spokesperson. "Like everyone else, we are working through the requirements and will make a decision at some stage but haven't decided when that will be." He added: "We are looking for some clarifications on certain issues and like lots of other businesses are trying to decide what is best for clients and what ...