Wealth manager and Financial Planner Kingswood has recruited Schroders Personal Wealth’s chief commercial officer David Lawrence to be its new UK chief executive for wealth management.

The new chief executive of the FCA, Nikhil Rathi, will begin work at the regulator tomorrow (1 Oct).

In his final speech as interim FCA CEO Christopher Woolard has urged the UK to seek a new regulatory model as it faces up to some ‘painful lessons.'

Aviva has appointed Amanda Blanc as chief executive on a £1m basic salary to take over from Maurice Tulloch who is stepping down for family reasons after 14 months.