FTSE LIVE: Bosses at Hargreaves Lansdown ‘disappointed and frustrated’ over Woodford; Aviva ‘reviewing’ its Asia arm; UK property market stagnates; Pound edges up
- Bosses at Hargreaves giving up their annual bonuses amid Woodford saga
- Speculation mounts over the future of insurance group Aviva’s Asia arm
The boss of investment group Hargreaves Lansdown, Chris Hill, says he shares his customers’ ‘disappointment and frustration’ over the Neil Woodford fund fiasco.
Bosses at Hargreaves are to give up their multi-million pound annual bonuses as a result of the saga.
Elsewhere, Aviva has confirmed it is ‘reviewing’ its operations in Asia, leading some to speculate the arm could end up being sold.
In currency markets, in early morning trading the pound was edging up against the dollar and euro at $1.2158 and €1.0851 respectively.