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Pensions provider Bell rings up 18% profits hike

Andy Bell, AJ Bell's chief executive
Andy Bell, AJ Bell's chief executive
Chris Barry
Chris Barry
Editor, North West

PRIVATELY-owned North West pensions firm AJ Bell has posted record profits and revenue figures.

After a year of heavy investment in new products and platforms, the Old Trafford-based group said profits and turnover  for the year to the end of September had both surged 18% - to £19 and £41.6m respectively.

Chairman Jim Martin and chief executive Andy Bell said they were delighted with the figures, which were achieved despite a turbulent economic and financial backdrop.

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