The co-founder and former chief executive of St James Place, Mike Wilson CBE, has died today.

The Pensions and Lifetime Savings Association (PLSA) has welcomed the appointment of former DVLA chief executive Oliver Morley as the new chief executive of the Pension Protection Fund.

David Bellamy, the outgoing chief executive of wealth manager St James’s Place, is to become the new chairman of Weatherbys Bank, a private bank which specialises in the horse racing sector.

Alliance Trust Savings chief executive Patrick Mill is to step down from his role at the platform after five and half years at the helm, the company announced today.