Clare Bousfield, the CEO of retail and savings at investment and wealth management firm M&G plc, will step down in the autumn, the company announced today.

Network Sesame Bankhall has announced a raft of management changes which will see group managing director Martin Shultheiss leave the business after only a year in the role.

Robo-advisers could be looking to buy out retiring IFAs to gain their clients, a report says.