Three quarters of IFAs plan to retire in the next decade - 31% in the next two to five years - raising concerns there could be insufficient adviser numbers in the future.

Wealth manager and Financial Planner Tilney Smith & Williamson is targeting retiring financial advisers who want to transfer their client books to Tilney.

Fast growing Financial Planning-focused wealth manager AFH has acquired Herts-based AE Garment Independent Financial Services Limited in a £1.7m deal.

The founder of a boutique investment manager is retiring after 50 years in the industry.