Capita is the fiftieth organisation to support the STAR initiative, which aims to galvanise the industry in its goal of improving the outcomes for individuals wanting to transfer their assets, such as pensions and investments.

FSCS has awarded its ‘strategic sole partner’ contract to Capita for the provision of a claims handling service.

Synaptic Software, the research software provider for financial advisers, has launched Synaptic Analyser, a retirement income analysis and drawdown product comparison tool.

Four firms are teaming up to create a new advisory service for employees nearing retirement – which includes a robo-advice option.