Assets under management jumped from £98bn to £111.4bn at Schroders JV & associates in the three months to 30 September.

Financial Planner Schroders Personal Wealth has appointed former Openwork chief executive Mark Duckworth as its new CEO.

Openwork, one of the UK's largest adviser networks, has appointed former Rathbones chief executive Philip Howell as its new CEO.

Financial advice network Openwork has achieved a seventh year of profit growth, with pre-tax profits hitting a new record of £22.6m, enabling the business to pay its first ever dividend to shareholders.