AJ Bell
Caution urged following jump in pension freedom withdrawals
Torrid markets in 2018 saw the FTSE100 down 12% and most funds delivering negative returns
Surging AJ Bell share price justified despite 4% fall in assets
Share price jumps almost 80% since IPO
AJ Bell fails to undercut passive multi-asset giants on fees
Standard Life Investments and LGIM around 10 basis points cheaper
DFMs stick by Japan despite failed outperformance forecasts
Lindsell Train was the only fund in the sector to deliver positive returns in 2018
Pension cold calling ban is ‘only part of the solution’
UK companies may face fines of up to £500,000 but overseas firms are exempt from the ban