Alan Carruthers, chairman of wealth manager and Financial Planner Brooks Macdonald, has resigned with immediate effect due to health issues.

The Society of Trust and Estate Practitioners (STEP) has elected Tony Pitcher TEP, chair of the Jersey board of Altum Group, as its new worldwide chair.

The Treasury Committee, the influential House of Commons group of MPs, has backed the appointment of new FCA chair Ashely Alder who will take over at the FCA from February.

Quilter plc chairman Glyn Jones is to step down at the company’s Annual General Meeting in May to pursue other interests.