“Hargreaves CEO pay sinks to £650k on Woodford debacle”

Sep 5, 2019 | Investments

So good to know that at last a Chief Exec is taking it on the chin. Hargreaves Lansdown kept Woodford’s funds on their list of ‘popular’ funds and tempted many to invest when it had clearly become folly to do so. They obviously weren’t giving advice, as ‘no news or research item is a personal recommendation to deal’. However, HL’s boss’s pay has plummeted to £650k as a result. Although, in percentage terms, this may not be quite the plummet suffered by Woodford investors.

Read more here

stocks 1