Jersey-based wealth manager Team plc has appointed Lumin Wealth founder John Cusins to the board as an independent non-executive director, with immediate effect.

Jersey-based wealth manager Team plc has acquired Guernsey-based Financial Planning business EPIC Funds Services Guernsey for £800,000.

The FCA has approved the takeover of troubled Financial Planner and wealth manager WH Ireland by Jersey-based wealth manager Team plc.

The takeover of troubled Financial Planner and wealth manager WH Ireland by Jersey-based wealth manager Team plc has moved a step closer after WH Ireland shareholders voted overwhelmingly this week (99.99% in favour) to accept the deal.

Revenues at Jersey-based wealth manager Team almost doubled in the year to September, climbing from £5.3m to £10.3m but despite this the firm posted a £1.6m loss (2023 profit £0.7m).