Shareholders of wealth manager Team will vote at its upcoming EGM on 29 December on its planned merger with troubled rival wealth manager WH Ireland.

Ian Mattioli, founder of wealth manager and SIPP provider Mattioli Woods, is to step down as CEO to take up a new role as Founding President.

Troubled wealth manager WH Ireland has entered talks for an all-share merger with fellow wealth manager Team.

Wealth manager Mattioli Woods and troubled Financial Planning firm Kingswood are to merge to create a wealth manager with over £25bn in assets.

South East accountants and Financial Planning firm Carpenter Box is to merge with East Sussex-based accountancy firm Clarke Brownscombe.