Quilter saw third quarter core business net inflows of just £1 million compared to net inflows of £324 million in the corresponding period of 2022 amid "challenging" market conditions.

Wealth manager and Financial Planner WH Ireland has issued a profit warning as the group continues to be hit by market volatility.

Investment platform Hargreaves Lansdown signed up 23,000 new clients in the last quarter to push up its total number of active clients to 1.677m, the firm reported today.

Jupiter saw a net fund outflow of £2.3bn in Q1 as investors shifted money elsewhere.