The contribution to EBITDA from Financial Planning firm Tavistock’s advisory business rose 56% year-on-year to £1.4m for the six months ended 30 September.

Adviser platform Transact is to reduce its buy commission exemption threshold from £200,000 to £100,000 from 1 March.

Adjusted operating profit fell 8% to £21.7m (2021: £23.7m) for Close Brothers Asset Management (CBAM) for the year ended 31 July.

Revenue growth stalled at 2% to £31.7m for fintech and support services firm Fintel for the half year ending 30 June.