Old Mutual Wealth’s Private Client Adviser division has agreed terms to acquire Shrewsbury-based Infiniti Financial Planning.

The government’s planned controversial probate fee reform could be a new stealth tax on bigger estates, a Financial Planning expert has warned.

The Financial Planning arm of Old Mutual Wealth has bought two firms, bringing on board a Chartered Financial Planner and Chartered Wealth Manager in the process.

Adviser network Caerus Capital Group is to be sold to Old Mutual Wealth.