Wealth manager and financial adviser Verso has opened a £4m loan facility with digital bank Oaknorth to boost its acquisition of UK IFA firms.

Consolidator Verso Wealth Management has acquired Midlands-based Chartered Financial Planning firm Everlong Wealth Limited for an undisclosed sum.

Troubled wealth manager WH Ireland has sold its Henley Financial Planning team to Verso Wealth Management for up to £500,000 and will close its Henley office.

The Chartered Institute for Securities & Investment (CISI) has appointed Certified Financial Planner Carly Dunningham as chair of the CISI Financial Planning forum committee.