Revenue in the first half at wealth management firm Charles Stanley increased 12% year on year to £91.9m.

Despite the effect of the Coronavirus pandemic, Charles Stanley Group revenue has increased 1.7% for the second quarter of 2020 year on year due to strong progress from the Financial Planning division.

Wealth manager Charles Stanley is continuing to invest in its Financial Planning arm despite growing losses.

Wealth manager Charles Stanley is set to expand its growing Financial Planning division despite the operation racking up losses of £2.7m in the past year.