Bosses at an adviser training academy fear planned apprentice schemes could be ‘destroyed’ after hitting a “large stumbling block”.

Old Mutual Wealth has taken over greater Manchester-based advisory firm Maestro Financial Services.

Old Mutual is selling a stake in its US asset management arm, it revealed this morning.

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