Financial advisers reported turnover and client numbers grew strongly in 2019, a new study has found.

Quilter plc, the wealth management and investment group, has reported a pre-tax loss of £53m for last year compared to a profit of £41m for the previous year.

Aegon has reported a sharp rise in platform assets in the first half to £140bn as it completed its integration with acquisition Cofunds.

A survey of 200 users of Intelliflo’s Intelligent Office during December revealed that advisers were optimistic that 2019 would see them increase business and recruit more staff.