AJ Bell drops platform costs as profits fall

Profit before tax at investment platform AJ Bell fell to £26.1m (HY21: £31.6m) for the six months ending 31 March.


Transact net inflows rise 16%

Net inflows for adviser platform Transact rose 16% to £2.68bn in the six months ending 31 March.


Platform engine FNZ appoints new CEO

FNZ, the platform ‘engine’ behind many UK investment platforms, has appointed Alastair Conway as its new CEO for the UK and South Africa. 


Parmenion swings into profit as revenue rises

Revenue for core business at Parmenion rose 20% to £36m in 2021 as the platform swung from loss to profit following its sale by Standard Life Aberdeen in July.

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