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Norris quits Hargreaves Lansdown

Hargreaves Lansdown founding director of Pensions Direct, Adam Norris, has left the firm after nearly 10 years.

In 1999, Norris was brought in to set up the pension arm of HL and later took control of the firm’s advisory service.

At 37, Norris was one of the youngest managing directors in the industry and led thinking on the firm’s view that investing in a Sipp is cheaper than in an insurance company contract. Before he joined HL, Norris was a financial adviser with Acuma and then an IFA for small brokerages in Bath and Bristol. He is leaving to spend more time with his family and to pursue other interests. He is not expected to return to financial services.

Hargreaves Lansdown chairman Stephen Lansdown says: “He has made a major contribution and we are sad to see him go. We have a good team that will carry on his work.”

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