ISA changes to be government priority in 2025 says AJ Bell boss Investing AJ Bell’s boss has said that ISA simplification is expected to be a priority for the government next year. “My understanding is that in 2025 we’ll see some progress on ISA simplification, and we’ll look to engage with government as part of that,” said AJ Bell CEO Michael Summersgill. There had been anticipation of a shakeup in [...]
AJ Bell: Firm kicks off buyback as revenue hits record Investing AJ Bell kicked off a £30m share buyback this morning as the investment platform reported record financial performance, with revenue shooting up 23 per cent.oc In its final results for the year ended 30 September 2024, the FTSE 250 firm reported a 29 per cent jump in profit before tax to £113.3m as it benefitted [...]
AJ Bell says Budget jitters are causing investors to pull pension money Investing AJ Bell has warned uncertainty around Rachel Reeves’s Budget this month is causing investors to pull pension money from its platform and hold off contributing to their retirement pots. In a trading update for its financial year to September, the FTSE 250 firm said it had seen an acceleration of cash exiting the platform amid [...]
AJ Bell customers pass half a million as investors flock to low-cost platform April 18, 2024 The number of AJ Bell customers has surpassed half a million, up from under 200,000 when the company listed in 2018.