Annual profit jumps at Hargreaves Lansdown

Financial services provider and asset management group Hargreaves Lansdown said total assets under administration (AuA) rose seven per cent in the year ended 30th June 2012 while profit jumped 21 per cent despite continued market volatility.

Financial services provider and asset management group Hargreaves Lansdown said total assets under administration (AuA) rose seven per cent in the year ended 30th June 2012 while profit jumped 21 per cent despite continued market volatility.

In a separate statement the group also announced that co-founder Stephen Lansdown will step down at the group's Annual General Meeting on November 23rd.

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