Fintel IQ, Fintel’s fintech arm, has appointed Paul Chedzey to a newly-created role of chief sales officer. 

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said acquisitions have helped the business grow its profits by 6.6% in the last six months.

Tatton Core Active remained the most recommended platform managed portfolio solution (MPS) in the second quarter of the year

Data provider Defaqto, owned by SimplyBiz parent Fintel, has conditionally acquired fund ratings and research agency RSMR for an undisclosed amount, subject to regulatory approval.