Wealth manager St James’s Place saw net inflows nearly halve in 2023 to £5.12bn but funds under management rose sharply as a market recovery got under way.

SIPP and Financial Planning firm Mattioli Woods said it plans to more than double its intake of new trainee advisers to help address the 'advice gap.'

Plymouth-based national IFA firm Continuum has reported assets under influence up 22% year on year to £1.86bn.

Financial Planning group Tavistock has seen an improvement in trading after reporting a loss of nearly £1m last month.