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Bell to set up sharedeal platform

AJ Bell is launching a share-dealing platform and will be widening its range to include Isas and a personal dealing account.

The Sipp firm bought institutional stockbroker Lawshare in 2007 with a view to launching its own stockbroking platform.

Chief executive Andy Bell says the firm will be launching the platform in the coming months, followed by an Isa and a personal dealing account over the next year to 18 months.

The provider will also be offering advisers that have their own discretionary management service the chance to outsource back-office functions to AJ Bell.

He says: “We want to spread our wings and widen our product range beyond Sipps.”

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