Investment platform Hargreaves Lansdown (HL) has rejected a £5bn takeover bid from a private equity consortium.

Hargreaves Lansdown is offering £25 cashback to clients who open a cash ISA in the next few weeks, depending on the amount transferred to its cash ISA platform.

Hargreaves Lansdown has today confirmed the appointment of Alison Platt to the role of chair of the board and as a non-executive director of HL, following regulatory approval.

The UK’s high earners are facing a retirement shock with less than a third on track for a financially comfortable lifestyle when they retire, according to new research.