Advised platform customers rose 6% for AJ Bell to 182,000 (2024: 171,000) for the year ended 30 September.
Savers stashed £4.2bn in cash ISAs in October, the largest inflow since the end of the tax year in April, and up from £3.3bn in September.
Rachel Reeves’ second Budget will be published today after some weeks of leaks and u-turns.
The number of client accounts ‘ceased’ by advisers has almost doubled in four years, according to FCA data.
SIPP and SSAS provider InvestAcc Group has completed its acquisition of the AJ Bell Platinum SIPP and SSAS business for £25m.
Investment platform and SIPP provider AJ Bell has reported 6% growth in advised customer numbers (year on year) to 182,000 for the three months ended 30 September.
AJ Bell Investcentre, AJ Bell’s adviser arm, has launched an integration conduit with Financial Planning software provider Dynamic Planner.
A new petition is calling on government to make a public commitment to a Pension Tax Lock, pledging not to alter key pension tax incentives – tax-free cash entitlement and tax relief – for at least this Parliament.
AJ Bell has added a new set of planning tools to its Investcentre platform.
The House of Lords Finance Bill Sub-Committee has begun a consideration of government proposals to impose inheritance tax on pensions on death.
UK economic growth slowed to 0.3% between April and June although the figure was higher than the 0.1% expected.
Active global and US funds posted their best performance against comparable index trackers in the first half of the year, but UK funds did less well, according to the latest AJ Bell Manager versus Machine report.
Britain is heading for a chronic retirement under-saving crisis with more than two-fifths, 43%, of working-age Britons under-saving for retirement, according to DWP figures.
Investment platform and SIPP provider AJ Bell has reported 7% growth in advised customer numbers (year on year) to 180,000 for the three months ended 30 June.
Chancellor Rachel Reeves’ raft of financial services reforms announced in her Mansion House speech last week have provoked a range of reactions from the financial services sector.
The UK economy unexpectedly contracted in May, marking the second month in a row of falling output, with GDP down 0.1% after a 0.3% fall in April.
FCA plans announced today to allow firms to offer ‘targeted support’ have been widely welcomed across the financial services sector.
Platform and SIPP provider A J Bell has launched a new streamlined platform which the firm claims will help financial advisers implement investment advice for clients more quickly and securely.
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
Platform and SIPP provider AJ Bell increased its platform customer numbers by 9% to 593,000 over the past six months, the business reported today in interim results.
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