Sesame Bankhall Group (SBG) managing director Nick Kelly has left the business in a major reshuffle.

David Cameron has issued one of his strongest defences of the banking sector yet, telling the Lord Major's banquet those who "trash the banks would end up trashing Britain".

High-net worth wrap provider Platform One and Seed EIS are to launch an integrated platform for Enterprise Investment Schemes.

FIVE THINGS

Nucleus chief executive David Ferguson has called into question the validity of platforms charging on a basis point scale.

The Personal Finance Society (PFS) has announced the winners of the 2012 PFS Chartered Awards at its annual conference in Birmingham.

The Financial Conduct Authority (FCA) will be run as a consumer champion and not for the benefit of member firms, according to a leading regulatory lawyer.

Personal Finance Society (PFS) chief executive Fay Goddard is to retire next year after five years in the job.

PLATFORMS

Cofunds has begun writing to the 400,000 advised clients on the platform, explaining its finalised 'disturbance' rules on legacy assets.