Financial Planning firm Tavistock made a loss of £0.94m in the year to March, company results published today show.

M&G Wealth has expanded its adviser network to more than 500 people, according to the asset manager’s financial results for the first half of this year published today.

Funds under management rose 7.5% year-on-year to £16.8bn (2022: £15.7bn) for wealth manager and Financial Planner Brooks Macdonald.

The latest direct platform data shows that the investment platform market is ripe for consolidation, according to Fundscape.