Hargreaves Lansdown net inflows dip 13% as client and asset retention rates decline

In accordance with the agency’s annual outcomes printed at present (9 August), HL recorded £4.2bn in internet inflows, down from £4.8bn for 2023.
The drop got here amid declining consumer and asset retention charges, which have steadily fallen from 92.1% to 91.4% and from 91.4% to 88.5%, respectively, within the final three years.
Web inflows into HL’s new funds, launched over the previous two years, added solely round £500m, whereas property below administration reached £10.3bn by the tip of 2024, aided by market actions.
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