Hargreaves Lansdown has given more time for a private equity consortium to firm up its £5.4bn offer for the company as its latest trading update revealed it had reached a record AUA of £155.3bn.

The US remained a popular area for pension investors in May, with technology a particular area of interest, according to new figures from Hargreaves Lansdown.

Investment platform Hargreaves Lansdown (HL) has rejected a £5bn takeover bid from a private equity consortium.

Hargreaves Lansdown is offering £25 cashback to clients who open a cash ISA in the next few weeks, depending on the amount transferred to its cash ISA platform.