Judgement on a court case brought by UBS against four of its former senior advisers joining start-up wealth adviser Vestra Wealth is due to be reached on Monday.

The four former advisers are Duncan Carmichael-Jack, David Guild, Neil Pedley and Paul Pollard. UBS has also lodged a case against Vestra, also due to open for business on Monday. It is not yet known whether the opening will be delayed as a result of the case.