Financial adviser network Tenet Group has promoted programme director Stephen Vickers to be its new CEO, replacing Helen Ball who is standing down after just over a year in the role.

Investment manager Schroders has begun the search for a new CEO following news that current CEO Peter Harrison will be retiring after a decade on the board.

FCA CEO Nikhil Rathi has hailed the new Consumer Duty as a “game changer” and has said regulatory action this year has been unprecedented.

Chartered Insurance Institute CEO Alan Vallance is to leave the organisation about three months earlier than planned.