National IFA network firm Tenet Group has recruited a new chief executive - Mark Scanlon - to replace current CEO Martin Greenwood who is to retire this year.

National IFA network Tenet has acquired Preston-based Financial Planner and wealth manager Elementum for an undisclosed sum. 

Tenet’s wholly-owned appointed rep Aspire Financial Management has acquired the client bank of Furness Financial Advisers, the financial advice business of Furness Building Society.

Financial adviser network Tenet has announced what it said it believes to be the first Paraplanner apprenticeship in the country to launch since a government-backed scheme was introduced.