Wealth manager and Financial Planning firm Evelyn Partners has appointed two Financial Planners and an investment manager to its Leeds and Newcastle offices.

Financial Planner and wealth manager Saltus has bought Newcastle-based Financial Planning firm Lowes Financial Management for an undisclosed amount.

International wealth manager, Financial Planner and professional services firm Azets Wealth Management has acquired Newcastle-based Chartered Financial Planner Laurus Associates for an undisclosed amount.

The Financial Services Compensation Scheme has made a first payment of £26.6m to the Joint Special Administrators of failed Newcastle-based wealth manager WealthTek LLP.