Consulting firm Mercer has announced the appointment of Steve Sands as leader of its UK Financial Planning Business.

Mercer has unveiled Mercer Money, a personal finance and ‘financial wellness’ platform allowing a company’s employees to manage their personal finances in one place.

The Financial Conduct Authority is to go ahead with a referral of investment consultancy and fiduciary management services to the Competition and Markets Authority following “serious concerns” about competition in the sector.

Business owners “crave stability” on tax and have urged the Government not to further tinker with pensions, a survey of more than 160 companies found.