Zahid Bilgrami is to step down as CEO of technology and data provider Defaqto after eight years at the helm.

Data, ratings and technology provider Defaqto has launched an income drawdown tool for its Financial Planning software Defaqto Engage.

Adviser data and ratings provider Defaqto has added 1,047 risk-rated funds and DFM Model Portfolios to its Financial Planning software Defaqto Engage.

Investment research company Morningstar has launched a series of blended multi-asset funds via its Morningstar Investment Management Europe arm.