London-based financial services firm Octopus Group has agreed a deal to acquire Seccl Technology Limited as it sets out to “disrupt the platform technology market that underpins retail financial services”.

Fast-growing Octopus has revealed it is developing a new wealth management business as it looks to bring financial advice to more people.

A former senior manager at Zurich and Octopus has been hired by Chartered Financial Planning firm Fairstone Group.

Octopus has announced it is working on a new ISA product to be made available later this year.