Set up in 1995 by Andy Bell, this company provides administration services for pensions. It specialises in low-cost self-invested personal pensions and small self-administered schemes, selling some schemes through independent financial advisers and others direct to customers. The Manchester-based business also offers a bespoke pension-administration service. Following investment from Midas and Invesco Holdings in 2007, AJ Bell bought the stockbroker Lawshare and has since expanded its retail share trading and savings products. Profits have risen 57% a year from £5.2m in 2006 to £20.1m in 2009.
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