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(Reuters) – Chris Hill, chief executive officer of Hargreaves Lansdown, waives a bonus of up to £ 2.1m for his ties to Neil Woodford's suspended fund, the Financial Times reported on Sunday.
The British financial services company could announce the move on Monday and it would remain in force until the fund is in trouble, announced the FT.
UK lawmaker Nicky Morgan on Tuesday asked for information on Hargreaves Lansdown's ties to the Woodford fund, which was frozen on June 3rd.
Hargreaves Lansdown did not immediately respond to a request for comment from Reuters.
(Report by Ishita Chigilli Palli in Bengaluru, edited by John Stonestreet)
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