Liverpool wealth manager Blankstone Sington Ltd (FRN: 143694) has been declared as failed by the Financial Services Compensation Scheme.

Steven Sussman has retired from his position of chairman at wealth manager JM Finn following a 26-year career at the firm.

Wealth manager Brooks Macdonald has completed major organisational changes, cutting full year costs by about £4m, according to a trading update today.

The Chartered Institute for Securities & Investment (CISI) has appointed Glenn Murphy ACSI as the new head of CISI’s Wealth Management Forum Committee.