AJ Bell is set to launch a new app-only investment platform called Dodl in the first half of 2022, with the aim to appeal in particular to new investors.
The platform will have an annual charge of 0.15%, with no commission for buying or selling investments and no tax wrapper charges. At launch, it will offer an ISA, Lifetime ISA, Pension and General Investment Account, as well as shares in UK-listed companies, with US companies being added soon after. In addition, there will be a range of ‘themed investments', which include funds focusing on areas such as technology, robotics, healthcare and responsible investing. AJ Bell advised platform inflows grow 36% to £3.8bn The fund range will also include AJ Bell's six multi-asset funds ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes