IPS Wealth Planning, a division of UBS Wealth Management UK, has announced the integration of its financial planning and wealth planning advisory teams, under the name Wealth Planning Advisory.

The two teams previously operated separately with “different but overlapping remits”, said Eva Jarzabek, head of IPS Wealth Planning and IPS Banking Products, UK.

Jeremy Franks will lead the team, while Giles Sibbald retains responsibility for product development and management across the IPS offering. Franks and Sibbald will continue to report to Jarzabek.

Meanwhile, James Gladstone, Financial Planning team leader, has decided to leave UBS.