![]() Maintain a robust balance sheet retaining more cash than the regulations require. ![]() These demonstrate that we take a very conservative approach to accounting, and Solvency to the FCA, together with annual audited financial statements, annual audited returns of informationĪnd a report from the auditors assessing our compliance with the FCA client money rules. We take a very conservative approach to accounting The FCA requires firms to publish certain information to enable the market to assess a firm's risks, capital and risk management You may write to them at the FCA Consumer Help Line, 25 The North Colonnade, Canary Wharf, London, E14 5HS or you can You can telephone the FCA Consumer Help Line on 0800 111Ħ768 (8am-6pm Monday to Friday and 9am-1pm Saturday), to check our registration or ask other queries. Hargreaves Lansdown Fund Managers Limited is authorised by the FCA to manage authorised investment funds (AIFs) and Undertakingsįor Collective Investment in Transferable Securities (UCITS). Hargreaves Lansdown Asset Management Limited is authorised by the FCA to hold client money and client assets. Money held in Active Savings is not held as Client Money and is treated differently, for more information visit ourįinancial Conduct Authority (FCA) and is bound by their rules and regulations in the conduct of our investmentīusiness.Our growth has been achieved without borrowing and we have robust internal controls and audit procedures.The business is managed conservatively, with a long-serving employee base.In protecting the company and can take a long-term view. The founders and staff own approximately 28% of the equity and this means that they have a very significant interest.Or otherwise, of any investment decisions we make on our own behalf. This means ourīusiness depends solely on the service we provide you and the performance of your investments, not on the success, We place deals only on behalf of our clients, we do not buy and sell investments for our own benefit.We focus solely on providing investment services to our clients. We have grown our business almost entirely organically (not by buying other businesses) by aligning our interests with those of our clients.We look after more than £100 billion of assets on behalf of our clients.Hargreaves Lansdown Plc is a constituent of theįTSE 100, an index of the biggest listed companies in the UK.We keep detailed records of all investments, and ourĬlients generally hold assets which are easily and quickly bought and sold – like funds and shares. Sell), or where there are problems with portfolio administration. The costs of winding up an investment business can be much higher when the assets involved are illiquid (hard to buy and We hold more capital than we’re required to, and are a financially strong FTSE 100 company with net cash of £488 million In this case investors will be able to claim under the Financial Services Compensation Scheme (FSCS), which can pay up to £85,000 to each investor. Investment services are required by the regulator to hold capital, so they can cover administration costs if they stop trading.īut if the administrator can’t recover fees from company assets, it’s legally allowed to do so from client assets instead. Security of client assets and payment of administrator fees
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