Wealth manager Charles Stanley is continuing to invest in its Financial Planning arm despite growing losses.

Wealth manager St James’s Place has reported a slowdown in new client investment as the impact of Covid-19 hits investor confidence.

Wealth managers and fund managers are the most likely financial services firms to recover swiftly post-lockdown, according to predictions from a City adviser and research company.

AJ Bell is to provide access on its adviser platform to selected DFM funds from the second half of 2020, it revealed in its six month interim results out today.