|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.85 - 25.85|
|52 Week Range||21.13 - 31.51|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||39.40|
|Forward Dividend & Yield||0.42 (1.65%)|
|1y Target Est||N/A|
, urging not only FT Money readers, but friends, family and colleagues to get into the habit of regular saving and investing. Around one in five of us do not save anything at all, according to a report this week from Scottish Widows. From my anecdotal experience, the biggest barrier to getting started is pretty similar to a DIY project you might be thinking of tackling at home.
Hargreaves Lansdown customers locked in Neil Woodford’s stricken Equity Income fund have been blocked from transferring their holdings to other investment platform providers, according to evidence submitted to the UK government inquiry into the scandal. More than 130,000 individuals invested a total of £1bn in the Equity Income fund via Hargreaves Lansdown, which has faced a backlash for promoting the fund on its much-followed best buy list until it was forced to suspend trading last month. Hargreaves has emerged as by far the most popular marketplace for retail investors during the past two decades, attracting more than 1m customers and vaulting the business into the FTSE 100.
Hargreaves Lansdown Chief Executive Officer Chris Hill said on Monday he will forgo a bonus until investors in Neil Woodford's suspended fund, which was backed by the British fund supermarket, have access to their money. "Until investors are able to access their money held with Woodford Equity Income, I will not be taking a bonus," Hill said in an emailed statement. Woodford, among Britain's most famous fund managers, has faced fierce criticism after suspending his 3.7 billion pound ($4.70 billion) equity income fund on June 3, in a rare move for a fund designed for retail investors.
British politicians and regulators piled pressure on Neil Woodford following the suspension of his flagship fund a week ago, while investors pulled money from his other products and a major backer distanced itself from the frozen fund. Woodford Investment Management suspended its equity income fund on June 3, a rare move for a product aimed at retail equity investors, after a run of redemption requests. Morgan's comments came after Andrew Bailey, chief executive of Britain's markets regulator, the Financial Conduct Authority, said the suspension raised "important questions" about how illiquid investments should be regulated.