David Dalton-Brown, CEO of investment and savings trade body TISA, will step down at the end of January.

TISA has completed the first phase of its project to deliver an Open Savings and Investment infrastructure, which will enable consumers and help them improve their financial wellbeing.

TISA, the savings and investments provider body, has launched the pilot phase of its project to develop a universal Digital Identity savers can use to verify themselves online to make transactions smoother.