AJ Bell scraps charges on bulks and models trades and junior SIPPs

'Simple but important change'

Sophie King
clock
"These changes have been made in direct response to feedback from financial advisers" - AJ Bell's Billy Mackay
Image:

"These changes have been made in direct response to feedback from financial advisers" - AJ Bell's Billy Mackay

AJ Bell Investcentre has removed the £1 dealing charge on trades executed through its Bulks and Models tool, as well as the establishment and annual administration charges for junior self-invested personal pensions (SIPPs).

The firm said scrapping the dealing charge would affect advisers running centralised investment propositions and would also apply to the platform's risk-targeted managed portfolio service (MPS). AJ...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Chris Budd: What isn't financial wellbeing?

Chris Budd: What isn't financial wellbeing?

Relationship between money and happiness

Chris Budd
clock 27 May 2022 • 3 min read
Figures published in April1 showed the continued popularity of sustainable funds, with £1.8 billion pouring in, according to M&G

Third of UK investors turn to advisers for ESG support - M&G

'Lack of knowledge'

clock 25 May 2022 • 2 min read
Transfer values continue to plummet in April - XPS

Transfer values continue to plummet in April - XPS

Fall of 5%

clock 24 May 2022 • 2 min read