Hargreaves Lansdown posts record results The company said it had achieved record numbers over the period with profit up 28pc to £72m. Ian Gorham, chief executive said: "This record result has been achieved despite the continued backdrop of economic uncertainty both at home and abroad. Investor confidence has deteriorated during the last 12 months. Total UK net retail sales of funds have fallen to levels only previously seen during the credit crunch of 2008. The UK is also courting a double-dip recession and the average member of the UK investing public feels poorer today than a year ago. The company said it continued to see investment inflows with total assets under management hitting £23.4bn. The uplift in funds came despite outflows across the wider sector. Mr Gorham said: "Our range of services and products have been increased and improved in line with our "investment supermarket" strategy. Lower stockbroking fees and ISA management charges were introduced from 1 August 2011, which has led to a rise in our share of the UK stockbroking market during the period. We have continued to see flows of business from competitors which is an emphatic confirmation of our strong market position. The company's profit margin increased from 60.5pc to 63pc over the same period last year.