SIPP and SSAS specialist EBS Pensions, part of the diverse Embark Group, has reported an 89% increase in client numbers and a pre-tax profit of £1.55m after making a loss the previous year.

Schroders has appointed Gillian Hepburn who joins the UK Intermediary business as intermediary solutions director.

Investment platform provider FNZ has taken a stake of 9.1% in the diverse financial services group Embark as part of a five year commercial partnership extension.

Embark Group, owner of a number of SIPP firms including Rowanmoor and Hornbuckle, has acquired the assets of Liberty SIPP as Liberty faces legal challenges over past SIPP business.