Investment platform AJ Bell continues to grow, with platform assets increasing seven percent to £43.4 billion across the three months ending 30 June.

Total assets under administration across all its businesses broke through the £50 billion threshold, to £50.7 billion.

Platform customer numbers increased by 9,843 to 210,765, up five percent during the quarter. The increase in assets under administration was driven by underlying net inflows of £1 billion, defined benefit pension transfers of £0.2 billion and favourable market movements of £1.6 billion.

Just over 75 percent of its platform business (£32.8 ...