Financial Planner and accountancy firm Old Mill has appointed Financial Planner and digital advice specialist Hugh Johnson to its wealth management team.

Seven digital advice businesses have joined forces to push the benefits to consumers of digital advice over traditional advice.

Acumen Financial Planning’s parent, The Financial Planning Group, has launched a subscription-based, online financial advice service aimed at younger professionals “priced out” of independent financial advice with fees starting from £75.

Robo-adviser Nutmeg believes it has bucked the trend in the beleaguered digital adviser sector with 41% year on year growth in AUM.