Digital IFA disruptor Fintuity has appointed a new chief operating officer and expanded its IFA team by 60% as it prepares for the launch of its virtual adviser proposition.

Digital IFA disruptor Fintuity has raised £2.15m of private and institutional investment to develop solutions to extend financial advice and attempt to close the UK’s growing financial advice gap.

Men accumulate £135,000 more than women in their pension by retirement, according to a new report.

Single male pensioners receive up to 26% more income than single female pensioners and the gender gap is widening, according to a report using data from the Office for National Statistics.