Stephen Lansdown, one of the two founders of online investment platform and wealth manager Hargreaves Lansdown, has sold £103m of shares in the business.

Wealth manager EQ Investors is to host an impact investing webinar for Financial Planners tomorrow to coincide with Good Money Week which gets under way today.

Investment provider Hargreaves Lansdown has warned that its FSCS levy could nearly double in the coming year from £6.8m to £13m.

The STAR initiative, the cross-industry group aiming to improve the transfer of pension and investment assets between providers, is to seek a new chairman following the decision by its chairman Tom McPhail of Hargreaves Lansdown to leave the industry.