Retirement solutions and platform provider Embark is planning a tie-up with Openwork, one of the UK’s largest adviser networks, which will see Embark's new Advance platform become the lead supplier to Openwork’s 2,000 advisers for five years until 2026.

Pension and investment group Embark has rebranded the Zurich Investment and Retail Platform after completing the takeover of the business.

Embark Pensions, which includes EBS Pensions and Rowanmoor, saw a near 14% increase in client numbers in 2019 but a 6% decline in net operating profit, according to annual results.

Embark Group, the diverse and expanding financial group, has restructured its pensions businesses with a new joint chief exec to run them and two senior executives leaving.