“Peter Hargreaves slams HL for ‘stuffing’ clients into Woodford”

Sep 23, 2019 | Investments

Two competing fat cat stories in one morning. The boss of Thomas Cook being paid £8m as the company goes down the pan. And Peter Hargreaves, founder of Hargreaves Lansdown, slating his old company for still plugging Woodford funds long after they knew they had problems; but trousering a £64m dividend from the profits HL made as a result. “What do they want me to do? Give the dividend back to the unit holders? Well, duh, Peter.

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