Assets under management (AUM) at mutual provider Royal London shrank more than 10% from £164bn at the end of 2021 to £147bn last year.

Wealth manager and Financial Planner Brooks Macdonald has reported revenue and profits down for the half year ended December.

Wealth manager and Financial Planner WH Ireland made a pre-tax loss of £380,000 over the past half year as revenue slumped due to market turmoil.

Transact parent IntegraFin Holdings issued a trading statement today saying that the group was “performing well” with adjusted pre-tax profit for the year ended 30 September expected to be “moderately above” the top end of analysts’ estimates.