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.

The shareholders of troubled wealth manager WH Ireland have given the green light for an all-share merger with fellow wealth manager Team.

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

Revenues at Jersey-based wealth manager Team almost doubled in the year to September, climbing from £5.3m to £10.3m but despite this the firm posted a £1.6m loss (2023 profit £0.7m).