Displaying items by tag: AJ Bell

Platform and SIPP provider AJ Bell has appointed former Hargreaves Lansdown director Fiona Clutterbuck as its new chair to replace outgoing chair Baroness Helena Morrissey.

The cost of living crisis could lead to mass breaches of the money purchase annual allowance (MPAA), as more people flexibly access taxable income from their retirement pot to cover increased costs.

Newspaper reports suggesting that the State Pension Age (SPA) could rise to 68 sooner than planned are an example of the Prime Minister “playing with political fire,” according to one pension expert.

AJ Bell founder Andy Bell is to step down from the investment platform’s board following discussions with the Financial Conduct Authority (FCA).

The cross-party Health and Social Care Committee has described pension tax rules a “national scandal” in a new report.

SIPP sales rose by a surprise 15% last year from 740,418 plans set up in 2020 to 851,963 in 2021, according to the latest retail investment data from the FCA.

SIPP provider and investment platform AJ Bell has appointed deputy CEO Michael Summersgill to succeed founder Andy Bell as CEO from 1 October, subject to regulatory approval.

Platform and SIPP provider AJ Bell has reported total customer numbers rose 21% over the past year and 5% in the past quarter to 418,309, according to its Q2 trading update.

AJ Bell has opposed FCA plans for a default investment fund for non-workplace pensions.

Platform and SIPP provider AJ Bell has revealed the top 20 most popular funds and investment companies with advisers using its Investcentre platform.