AJ Bell has promoted Ryan Hughes to be its new investments director to lead its range of multi-assets funds and the managed portfolio service for financial advisers.

Advised net inflows held steady at £0.9bn for investment platform AJ Bell for the quarter ending 31 March, as advised customers rose 14%.

Almost half of people over 55 are worried about running out of money before they die, according to the findings of a new survey.

Individuals will need to plan ahead better in light of new government life expectancy figures, says AJ Bell, provider of pensions, investment and stockbroker services.