Acquisitive fintech and support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired Synaptic Software from AdvancedAdvT Limited in a £4m deal, subject to regulatory approval.

Capita-owned business software provider Synaptic has added pre-sales reporting, comparison and switching to its Pathways Financial Planning tool.

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

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