Five risk-targeted funds have been launched by investment manager Schroders in partnership with Distribution Technology, the provider of risk-profiling and Financial Planning services for advisers.

Financial Planning tools provider Distribution Technology is joining forces with Saga and Financial Planning firm Tilney Bestinvest to develop a web-based retirement service.

Financial Planning systems provider Distribution Technology has snapped up Colombia Threadneedle’s head of fixed income risk.

A new client-facing Financial Planning tool for smartphones has been created to tap into a 15 million strong market of people with investments of between £1,000 and £100,000.