Wealth manager and Financial Planner Brewin Dolphin has completed the takeover of the wealth arm of Investec Group in the Republic of Ireland for just under £40m net.

Investec Wealth & Investment (IW&I) has appointed Hannah Dampney to the role of senior investment manager at its Bournemouth office.

I often smile when I read about ‘the next big thing’ in financial services -it’s a sure sign that the so-called experts have no idea.

Investec is to close it direct to consumer Click & Invest online arm after operating losses topped a total of £25m over the past two years.