Former Cazenove head of Financial Planning David Austin has joined the wealth management arm of law firm Irwin Mitchell as a non-executive director.

New statistics have shown a big increase in the number of elderly people living alone, prompting concerns from lawyers of an increase in elderly and vulnerable abuse cases.

A London-based private wealth firm believes that more women are set to seek financial advice due to the growing complexity of divorce settlements.

Irwin Mitchell Private Wealth has defended the use of Power of Attorneys after retired Senior Judge Denzil Lush voiced extensive criticism of them on BBC Radio 4 yesterday.