Displaying items by tag: AJ Bell

The latest official wage growth figures published today by the ONS means the state pension should hit £11,501 in April 2024, a 8.5% rise, up from £10,600 this year.

Total advised customer numbers for platform and SIPP provider AJ Bell rose 10% year-on-year to 156,368 for the quarter ending 30 June.

Platform and SIPP provider AJ Bell has reported a 37% rise in revenue to £103.6m for its half year ended 31 March, in figures out today.

Platform and SIPP provider AJ Bell has warned that the delayed Pensions Dashboards - a key plank of government pensions policy - are in limbo until the government signals a new timetable.

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.