D2C

Offers actively managed portfolios

Will offer full range of funds

Part of group's digital transformation programme

Decision follows leadership structure review

'Technology is changing the pensions industry'

Discretionary manager Tilney Bestinvest has launched a service that guides investors to a selection of multi-asset funds, without giving them advice.

Provider Aegon has been accused of poaching dozens of an adviser's clients but the Financial Conduct Authority (FCA) said the provider has broken no rules despite complaints from retirees.

Insurer Aviva has vowed to drive up the number of products held by its customers following the integration of former rival Friends Life and launch of a direct to consumer service.

Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.

Intrinsic appointed representative Wealth Help is launching a direct to consumer (D2C) service to facilitate financial planning for the mass market.