Full-Time
Posted on 6/11/2025
Online investment platform for managing portfolios
No salary listed
Senior
Manchester, UK
Minimum of 50% of working time per month in the London office; initial period will be full-time in the office.
AJ Bell offers an online investment platform that allows customers and financial advisers to manage investment portfolios through various accounts such as SIPPs (Self-Invested Personal Pensions), ISAs (Individual Savings Accounts), and Dealing accounts. The platform provides a wide range of investment options and is designed to be user-friendly, making it easy for users to navigate and manage their investments. AJ Bell stands out from its competitors by offering low-cost services and a strong focus on customer support, which has contributed to its rapid growth and profitability. The company's goal is to empower individuals to take control of their investments and achieve their financial objectives.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Salford, United Kingdom
Founded
1995
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Employee Stock Purchase Plan
Relocation Assistance
Parental Leave
Fertility Treatment Support
Childcare Support
Professional Development Budget
Conference Attendance Budget
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Legal Services
Employee Discounts
Company Social Events
Households across the UK paid a record £14 billion into Cash ISAs in April, according to Bank of England data – the highest amount since ISAs debuted in April 1999 AJ Bell director of personal finance, Laura Suter, says:“Data from the Bank of England today reveals a record month for Cash ISAs, with contributions totalling a whopping £14 billion in April. That’s more than in any month since ISAs were launched in 1999, albeit the allowance is now far higher than it was then. “This can be partly explained by higher interest rates meaning saving feels more rewarding now than it did just a couple of years ago when interest rates were lower. The data also suggests lots of people are taking money out of savings accounts to move it into an ISA and benefit from the tax protection, a sensible step given that millions are now paying tax on interest earned on cash accounts outside an ISA. “However, it’s also likely that reports the chancellor is considering cutting the Cash ISA allowance have created a sense of scarcity, creating a ‘use it or lose it’ mentality among consumers. The threat of a cut to the allowance is likely to be a spur to action for many, especially given the relentlessly rising tax tide. “Treasury officials are looking at options for ISA reform to drive a stronger retail investing culture in the UK, as signalled by the chancellor at the Spring Statement. In the long run, however, there is considerable doubt that a cut to the Cash ISA allowance would deliver a shot in the arm for the UK stock market. “A recent survey commissioned by AJ Bell found that just one in five savers would invest more in the UK stock market if the Cash ISA allowance was cut
Sweeping reforms to pensions aimed at driving more investment into ‘productive’ UK assets will require all workplace schemes to operate at ‘megafund’ level by 2030, with schemes holding at least £25 billion in assets, the government saysTom Selby, director of public policy at AJ Bell, comments: “The government’s workplace pensions agenda has been clear for a long time now – cajole pension schemes, by hook or by crook, to invest a greater share of millions of Brits’ hard-earned retirement pots in UK plc. These so-called ‘Mansion House’ reforms were kick-started by the previous Conservative government and are being accelerated under Sir Keir Starmer’s Labour administration, with ministers placing workplace pensions front-and-centre of an increasingly desperate search for economic growth. “The Pension Schemes Bill hopes to achieve this revolution through a combination of consolidation of workplace schemes in the private sector and across local authority schemes into ‘megafunds’ and voluntary agreements by those schemes to boost their allocation to UK-based investments, with a significant emphasis on private equity and ‘productive’ assets. “Perhaps most controversially, the government says it will create a ‘sword of Damocles’ power in legislation threatening to set mandatory asset allocation targets if schemes do not do this voluntarily. In reality, this essentially puts a gun to schemes’ heads and will create those mandatory targets in all-but-name. “Many of the claims about the benefits of these reforms to pension savers and retirees need to be taken with a fistful of salt. While there may be some efficiency benefits to consolidation, these are difficult to quantify with certainty and reducing competition in the market may stifle incentives to deliver innovation. In addition, private equity investing is notoriously high cost and high risk, meaning it is entirely possible people will end up worse off if those investments fail to perform over the long term. “There is a clear danger that conflating government policy goals – namely driving higher levels of investment in the UK and ultimately economic growth – with those of savers and retirees means the latter will be risked in pursuit of the former
One-fifth (19%) of non-retirees have no private pension, according to the latest FCA Financial Lives surve, meanwhile two-fifths (41%) are not currently contributing to a pension“Many individuals appear to be setting themselves up for a nasty shock later in life by not putting enough money away for the future,” says Dan Coatsworth, investment analyst at AJ Bell.“The FCA’s Financial Lives survey implies that a lot of people will be too reliant on the state pension to pay the bills and support their lifestyle once entering retirement. The full state pension currently adds up to £11,973 a year and while that should help keep a roof over your head, it doesn’t leave much left over for any of life’s luxuries.A lot of people use a combination of the state pension, workplace pensions and personal pensions to fund their retirement, together with cash savings and ISA investments. Unfortunately, not everyone is in a position to draw from a range of accounts. Some might only have a tiny nest egg by the time they retire. The FCA’s survey shows that one third of adults have less than £10,000 saved in their pension, which is worrying. That’s not such an issue if they’re in their twenties or early thirties and have decades ahead to put money away, but it’s troubling if someone who is in their forties, fifties or early sixties is in this situation
A Freedom of Information (FOI) request obtained by AJ Bell’s Dodl investing app reveals that nearly two-thirds of Premium Bond holders, equivalent to just under 14.4 million people, have never won a prize. Premium Bonds are held by around 22.7 million people which makes them one of the UK’s most popular savings products, despite the majority of Premium Bond holders never winning anything. Millions more £50 and £100 prizes have been dished out since 2022, and they now make up a larger proportion of winning prizes than the lowest £25 prize. Although the number of higher value prizes has also seen a jump, the vast majority of Premium Bond prizes were worth £100 or less in 2024, meaning the chance of winning the top prizes is still very small.There is a whopping £127.7 billion sat in Premium Bonds, with the average overall holding coming in at £5,406. However, the average holding for the 5.1 million Premium Bond holders who won in the last 12 months sits at £23,397, with 80% of those winners winning more than once during that period. When you factor in that many people will have been holding Premium Bonds for decades, perhaps receiving them as gifts when they were young, that means they may have missed out on significant returns in a higher paying cash account or by investing. Source: FOI obtained from NSI by AJ Bell. *2025 figures up to 5 March 2025.Charlene Young, senior pensions and savings expert at AJ Bell, comments:“Premium Bonds have long been a popular place for savers to stick their cash and try their luck at winning a prize in the monthly draws, yet data obtained from a Freedom of Information request by AJ Bell’s Dodl investing app reveals that two-thirds of people holding these bonds have never won anything. Of the 22.7 million current Premium Bond holders, a staggering 14.4 million have never won
Rumours of Cash ISA allowance cuts sparked a rush to ISAs in March, whilst savers poured in £4.2 billion to the accounts – up 31% year-on-yearLaura Suter, director of personal finance at AJ Bell, comments on the latest Bank of England Money and Credit data:“Rumours that the government was poised to slash Cash ISA allowances in the Spring Statement sparked a rush to the tax-free accounts, with savers putting £4.2 billion in Cash ISAs in March. There’s usually a spike in people stuffing their ISAs before the tax year end, but the speculation around changes to ISAs put the rockets under that this year. The money paid into Cash ISAs was 31% higher than March last year, with an extra £1 billion paid in by the British public. “Data for the biggest month for Cash ISAs isn’t out yet, as April typically sees the biggest inflows, with savers rushing to pay money into their accounts in the final days before the deadline. Last year saw £11.5 billion paid into these accounts in April. If we saw the same 31% increase in cash paid in, that would take this April’s inflows to a whopping £15 billion. However, as the Spring Statement didn’t deliver any changes to Cash ISA allowances, that may have dampened some of the flows