The performance of active equity managers improved substantially in the first half of 2023.

A new survey by the government-backed Money and Pensions Service (MAPs) suggests that more people are saving despite the cost of living crisis.

Total advised customer numbers for platform and SIPP provider AJ Bell rose 10% year-on-year to 156,368 for the quarter ending 30 June.

Investment and SIPP platform AJ Bell has called on the Chancellor to double the personal savings allowance in his Autumn Budget.