AJ Bell slashes fees and hikes interest rate after warning from regulator December 12, 2023 AJ Bell is set to slash fees on its platform and ramp up the interest rate it is offering customers after the regulator fired a warning shot to investment firms today over so-called ‘double dipping’.
Customers flock to AJ Bell signalling hope for domestic investing market December 7, 2023 AJ Bell, one of the UK's largest investment platforms, today announced it had signed up another 50,880 customers in the financial year to 30 September.
AJ Bell share price rises after boost in customers but Hargreaves Lansdown falls after slowing business growth October 19, 2023 The inflows helped assets under administration grow 11 per cent to a record £70.9bn.
AJ Bell attracts over £1bn to bring assets under administration to ‘record high’ July 20, 2023 Retail investment platform AJ Bell saw an influx of funds which helped bring assets under administration to a record high, but inflows remained below the same period last year. In the three months to June, AJ Bell saw net inflows of £1.1bn into its platform model – which includes its direct-to-consumer platform and its advised [...]
AJ Bell’s cashflow falls as cautious investors dip their toes back in the market April 20, 2023 Retail investment platform AJ Bell recorded a slowdown in the amount of cash flowing onto its platform in the first three months of the year even as customers bumped upwards, in a sign DIY investors are edging back into the market.
Homeware retailers ‘draw short straw’ in economic crunch as Made.com nears collapse October 31, 2022 Homeware retailers are facing a turbulent 2023 as mounting operational costs and hesitant consumer sentiment piles the pressure on the sector. It comes as Made.com was still teetering on the brink of collapse on Monday after customers have pulled back from spending on pricier items like furniture. Last week, the ailing sofa seller said it [...]
AJ Bell strikes consultancy deal with founder October 3, 2022 AJ Bell has struck a deal with a consultancy firm owned by founder Andy Bell today as he prepares to step down as chief executive and into an advisory role.
AJ Bell customers surge despite slide in assets under administration July 21, 2022 Retail investment platform AJ Bell reported a surge in customer numbers in the past quarter but said that assets under administration dipped five per cent as volatile markets rocked investors’ bets.
Top UK firms set to dish out £85bn in dividends this year July 12, 2022 Shareholders in Britain's top firms are set to pocket as much as £85bn in dividends this year as boardrooms pay out excess cash to investors, new research has revealed.
Andy Bell set to hand over reins of AJ Bell to CFO Michael Summersgill June 17, 2022 Retail investment platform AJ Bell revealed on Thursday its deputy CEO and finance chief Michael Summersgill will take over from co-founder Andy Bell as chief executive officer of the firm.