Neil Wheelan and on right Paul McCabe

Two advisers have launched a financial planning company targeting the retirement market.

Astute Financial Planners will be run from Edinburgh by founders Neil Wheelan and Paul McCabe who will also provide personal advice for business owners.

Mr McCabe said that launching the business realised a long-standing goal they shared. “Being responsible for either a client’s health or indeed finances carries a tremendous responsibility and one we are both relishing,” he said.

He began his career in the head office of a large life assurance and pensions provider.

Mr Wheelan has worked for two UK-wide pension and investment companies, and one of Edinburgh’s IFAs.