ETF trading increases among advisers using SIPP platform

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ETF trading activity has significantly increased among advisers using the A J Bell Sippcentre platform.

The firm says trading activity of ETFs has risen month-on-month since it unveiled its in-house retail fund and share dealing platform last May. It shows the amount traded in January was up 300% compared to the first full month after the platform's launch. A J Bell marketing director Billy Mackay says: "This increasing trend clearly shows that the demand for ETFs exists today and that they are slowly but surely becoming a mainstream investment vehicle for many advisers and their clients." He says many Sippcentre users view ETFs as an appropriate way to gain exposure to various marke...

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