Statutory pre-tax profit at Jupiter Asset Management slumped by 84% to £9.4m for the year ended 31 December 2023 (2022: £58m) against a tough economic backdrop.

Platform and SIPP provider AJ Bell has reported strong growth in revenue and profits in its results for the year ended 30 September published today.

SIPP provider STM has reported half year, pre-tax profit down by £400,000 as negotiations over a takeover bid for the group are extended again.

Wealth manager and Financial Planner WH Ireland is beginning to show signs of recovery after a £5m rescue deal thrashed out in the summer saved the company from being wound up.