The spat between national Financial Planner Tavistock and its former wealth manager Titan has worsened with Tavistock instigating legal action agains Titan.

Berkshire Financial Planner Tavistock has terminated its 10-year strategic investment partnership with Titan Wealth, blaming “unacceptable performance.”

Oliver Cooke has moved from his role as executive chairman of Financial Planning group Tavistock to become non-executive chairman.

Financial Planning group Tavistock has seen an improvement in trading after last month reporting a loss of nearly £1m.