16 C
Manchester
Sunday, July 6, 2025
BlogAJ Bell plc celebrates following successful  stock market listing 

AJ Bell plc celebrates following successful  stock market listing 

AJ Bell plc, one of the UK’s largest investment platforms, has issued a trading update for the last three months of 2018. This follows the successful completion of AJBell’s listing onto the London Stock Exchange in December 2018.

Andy Bell, chief executive officer at AJ Bell, commented: “Trading in the first quarter of our financial year continued in line with the growth story we outlined ahead of our IPO and remains on track.  We continued to attract new customers and inflows to the platform in the face of volatile investment markets, which demonstrates the strength and resilience of our business model as we approach our busiest period of the year.  Our low-cost and easy-to-use investment platform continues to appeal to both retail customers and financial advisers, and providing high quality service to them remains our top priority.

“Platforms have been one of the main beneficiaries of defined benefit pension transfers. These have declined steadily since their peak seen in financial year 2017 and we expect this decline to continue.  Despite this and short-term market volatility, the outlook for the platform market remains strong.  The FCA is due to deliver the final report of its Investment Platforms Market Study and based on its interim report this is expected to focus on value for money and easier transfers between platforms.  Our competitive pricing model and service proposition means we are well positioned to benefit from anticipated developments in these areas.”

Latest

Blaugranagram Partners with 101 Great Goals to Deliver Deeper Fan-Focused Football Content

101 Great Goals has officially entered into a strategic content partnership with Blaugranagram, aiming to enrich the football experience for fans by combining their...

Left Behind by the Algorithm: AI Benefits Bosses, But Workers Struggle to Keep Up

• Senior managers are far more likely to use AI than junior staff, new study finds • 73% of leaders use AI each month, compared...

Craig Cornick Cleared of Hacking Charge in Long-Running ICO Case

A Manchester businessman has been found not guilty of computer hacking, following a lengthy investigation and prosecution brought by the Information Commissioner’s Office (ICO). Craig...

How offering coffee can reduce employee turnover

Staff come and go. It’s simply a fact of life. Or is it? In many cases, staff leave for a better opportunity or because...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Mobile Cloud Mining App by AIXA Miner Set to Transform Crypto Access in 2025

AIXA Miner has unveiled its official mobile cloud mining application, signalling the beginning of a more flexible and user-friendly era in cryptocurrency mining. The platform,...

Craig Cornick Cleared of Hacking Charge in Long-Running ICO Case

A Manchester businessman has been found not guilty of computer hacking, following a lengthy investigation and prosecution brought by the Information Commissioner’s Office (ICO). Craig...

How offering coffee can reduce employee turnover

Staff come and go. It’s simply a fact of life. Or is it? In many cases, staff leave for a better opportunity or because...

Blaugranagram Partners with 101 Great Goals to Deliver Deeper Fan-Focused Football Content

101 Great Goals has officially entered into a strategic content partnership with Blaugranagram, aiming to enrich the football experience for fans by combining their...

More News

Mobile Cloud Mining App by AIXA Miner Set to Transform Crypto Access in 2025

AIXA Miner has unveiled its official mobile cloud mining application, signalling the beginning of a more flexible and user-friendly era in cryptocurrency mining. The platform,...

How Manchester’s Tech Startups Are Powering Growth with Headless CMS Architecture

In no time at all, Manchester has emerged as one of the UK's leading technology hubs. The city is home to a vibrant startup...

St George’s Day parade returns to Manchester

The St George's Day Parade, a beloved fixture in Manchester's event calendar for nearly two decades, returns on April 27 with its vibrant celebration...