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Annuity and retirement specialist Just Group said operating profits climbed 44% to £249m in the first six months of the year to the end of June.

The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.

Fast-growing national Financial Planning firm Wren Sterling has completed the acquisition of south coast adviser business the In Focus Group, for an undisclosed amount.

Wealth manager and Financial Planner Evelyn Partners said its AUM has climbed to a record £62.2bn, up 13.3% compared to a year ago and up 5.2% since the end of 2023.

Troubled wealth manager and financial services firm WH Ireland said losses increased last year and it has given up trying to sell its wealth management after negotiations to unload the division collapsed.

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