Overview
- Benchener will join in March for a four-month handover and is set to take over as chief executive in July 2026, subject to regulatory approval.
- Interim chief Richard Flint will move to the board as deputy chair after the transition.
- The appointment follows another senior hire from Vanguard, with Doug Abbott due to start in March as chief product officer overseeing products and workplace pensions.
- Hargreaves Lansdown serves about two million clients with roughly £173bn in assets and was taken private last March by CVC, Nordic Capital and Abu Dhabi’s Platinum Ivy.
- Coverage interprets the Vanguard hires as a push to sharpen pricing and product competitiveness against AJ Bell, Interactive Investor and app-based rivals including Robinhood, Plum and Trading 212.