Hargreaves Lansdown delays launch of rebate-free pricing structure

Hargreaves Lansdown has pushed back the launch of its new pricing structure - which includes the switch to super clean pricing on funds - after claiming it is under "no pressure" from rivals to act first.

Investment Week can exclusively reveal the D2C platform giant - the largest consumer-facing platform in the UK - is now planning to launch its new pricing structure at the start of February. Hargreaves had previously said it was aiming for an early January launch for its rebate-free charging structure, but said it wanted to give customers an extra month to prepare for the changes. Ian Gorham, chief executive of Hargreaves, told Investment Week the group also wanted to see what rivals came out with first before making a move in terms of its platform pricing. "We have pushed it back ...