EQ Investors’ CEO John Spiers has become non-executive chair of the company he built, paving the way for the appointment of 3 long-standing colleagues to become CEOs to replace him.

Data from the FCA has revealed that 55% of savers with more than £10,000 in investible assets keep all or most of their money in poorly-paying cash accounts.

Private sector employee pension contributions doubled in the past decade from £8.3bn in 2009 to £16.6bn in 2019.

A wealth management business has developed a way for clients to access key information about their investments through Amazon’s voice recognition device Echo.