AJ Bell customers pass half a million as investors flock to low-cost platform Investment The number of AJ Bell customers has surpassed half a million, up from under 200,000 when the company listed in 2018.
Government quietly pauses Natwest retail bidding process SHARES The Treasury has suspended a bidding process to run the sale of its stake in Natwest, in a move which throws doubt on the structure of the much touted ‘Tell Sid’-style retail deal, City A.M. can reveal.
Spring Budget 2024: Hunt’s pension reforms could ‘backfire on British business’, AJ Bell warns Budget Forcing pension funds to disclose how much they invest in the UK companies could “backfire on British business” as savers will shun domestically-heavy schemes due to their lacklustre returns, AJ Bell has warned.
AJ Bell founder reportedly to chair JD Sports-backed sports supplement firm ahead of listing February 20, 2024 It will be his first role since leaving the company he founded 28 years ago. His appointment was understood to be solidified at a company AGM which took place today.
The Body Shop: Why the high street icon is facing administration and what the future holds February 12, 2024 Why The Body Shop, an icon of the British high street, is facing an uncertain future as it prepares to enter administration.
AJ Bell share price rises as AUA reaches record high thanks to net inflows January 18, 2024 In a trading update covering the three months to December, the firm that AUA in its platform business had climbed seven per cent in the quarter. This brought it to £76.2bn, a new record for the firm.
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 [...]