Old Mutual Wealth, the South African-owned provider going through a major restructuring, plans to rebrand as Quilter next year in a move that will mean its adviser network Intrinsic rebranding as Quilter Financial Planning.

Old Mutual Wealth parent company Old Mutual Wealth plc has been praised for its efforts to improve ethnic diversity among its executives, having been ranked in the top 10 FTSE 100 companies measured by diversity and leadership.

Departing Sesame Bankhall MD Stephen Gazard is joining Intrinsic, it has been revealed this afternoon.

Sandy Leitch is to quit director roles at Old Mutual Wealth and Intrinsic - the firm he founded - it was revealed today.