AJ Bell Reports Assets Up to £12.1 Billion for the Financial Year
AJ Bell said assets reached £12.1 billion and customer numbers rose to 796,000 in its year-end trading update, according to Reuters.
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what happened
According to Reuters, AJ Bell said in its year-end trading update that assets under management reached £12.1 billion. Customer numbers grew by 152,000 to 796,000, up 24% over the year in its platform business. Platform net inflows for the year totalled £9.7 billion.
The company also said the wind-down of its third-party SIPP arrangement will be completed in the first quarter of financial 2027.
why it matters
For investors, this points to strong money flows into the UK self-directed investment platform market. The £9.7 billion of inflows and the growing customer base support fee revenue, while completing the SIPP wind-down removes a source of uncertainty in reporting. Shares of listed platforms often react to operational updates like this one.
market impact
AJ Bell: strong inflows and customer growth support the company's fee revenue outlook
tags
instruments
sources
- AJ Bell Says Wind Down Of Third-Party SIPP Arrangement To Complete In Q1 FY2027 — Reuters, 22 October 2026 at 06:28 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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