Hargreaves Lansdown’s chief executive Chris Hill will quit next year after six years at the helm of the investment and platform provider.

Chris Hill, CEO of Hargreaves Lansdown, has taken a pay cut as part of the investment and platform provider’s new remuneration policy.

Full year pre-tax profits slumped by 26% to £269.2m at investment and platform provider Hargreaves Lansdown as the company was hit by economic headwinds.

Investment platform Hargreaves Lansdown signed up 23,000 new clients in the last quarter to push up its total number of active clients to 1.677m, the firm reported today.