Wealth manager Charles Stanley has appointed former Brown Shipley chief executive Ian Sackfield as managing director, investment management services (branches) to lead the firm’s 20 regional offices.

Chartered Financial Planner Telford Mann is planning to recruit seven more staff this year as it steps up recruitment.

Industry veteran Bambos Hambi has been appointed chief executive of Quilter’s multi-asset investment business Quilter Investors.

Channel Island-based investment services group Ravenscroft, which has £7.45bn in Assets Under Management, has bought the Isle of Man subsidiary of WH Ireland.

Smith & Williamson has made 22 senior promotions as it prepares for its £44bn merger with Tilney set to create one of the UK’s biggest wealth management and Financial Planning firms.

National IFA firm Chase de Vere has reported increased turnover and higher pre-tax profit for the year ending 31 December 2019.

Pension group XPS has reported flat profits for the 12 months ending 31 March at £11.4m but remains positive about the year ahead.

Wealth manager St James’s Place is celebrating the 100th Paraplanner to graduate from its Academy.

Tavistock has said that its senior managers and the majority of other staff have made voluntary salary waivers and the IFA and Financial Planning group has also made use of the Government’s furlough scheme.

Market volatility has seen 450,000 fewer people use investment ISAs but a 21% jump in the use of Cash ISAs, according to the latest figures from HMRC.