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AJ Bell appoints new non-exec chairman as Jim Martin retires

AJ Bell has appointed Les Platts as non-executive chairman following Jim Martin’s decision to retire from the role at the end of the year.

Martin, who has been non-exec chairman at the Sipp firm for almost seven years, will step down from the position in December.

Platts says: “Jim has made a major contribution to the development and success of AJ Bell.

“On behalf of Andy Bell, the business and its shareholders, I would like to thank Jim for his service on the board and wish him every success in the future. 

“He leaves the business in great shape, with a strong team in place and a sound platform for excellent customer service and continued growth.”



Standard Life reveals unbundled wrap charges

Standard Life Wrap has announced details of its unbundled charging structure which will see firms with over £20m on the platform charged 10bps less for Sipp and bond holdings. The new charging structure will see firms with over £20m of assets charged from 0.45 per cent for assets below £100,000 to 0.15 per cent for […]


Govt extends auto-enrolment joining period to six weeks

The Government has extended the period new employees have to auto-enrol in a pension scheme from four to six weeks in a bid to ease the burden on employers. In a series of changes to employer auto-enrolment rules, published today, the Department for Work and Pensions says it is trying to make life easier for […]


Cash in funds of funds at a record £83bn

Multi-asset and multi-manager portfolios in the Investment Management Association’s Mixed Investment 20-60 per cent shares sector are continuing to enjoy their day in the sun, as the amount held in funds of funds hit a record £83bn. According to the latest data from the fund management trade body, Mixed Investment 20-60 per cent Shares notched […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.


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