Revenue at the Sense and Lyncombe adviser networks, part of Adviser Services Holdings Limited (ASHL), jumped by 66% to £71m in 2021.

Funds under management dropped 4.8% year-on-year to £15.7bn for wealth manager and Financial Planner Brooks Macdonald for year ending 30 June.

STM Group, parent company of SIPP provider Options, has reported a 44% drop in profit before tax for the six months ended 30 June.

Chris Hill, CEO of Hargreaves Lansdown, has taken a pay cut as part of the investment and platform provider’s new remuneration policy.