Jan 22 (Reuters) – Investment platform AJ Bell reported a 27.7% rise in first quarter gross inflows for its platform business but said that uncertainty in the run up to UK budget in November prompted more customers to pull money from their pensions. The company reported platform business gross inflow of 4.6 billion pounds ($6.2 billion) […]
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UK’s AJ Bell reports 27.7% rise in quarterly gross inflows in platform segment
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Jan 22 (Reuters) – Investment platform AJ Bell reported a 27.7% rise in first quarter gross inflows for its platform business but said that uncertainty in the run up to UK budget in November prompted more customers to pull money from their pensions.
The company reported platform business gross inflow of 4.6 billion pounds ($6.2 billion) for the quarter ended December 31 2025 compared to 3.6 billion pounds in the year-ago period.
($1 = 0.7450 pounds)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala)