Retirement and platform provider Embark is to hire more than 50 people in Dundee over the next few months to boost its platform operations in the city.

The Australian-owned wrap platform Praemium, used by a number of UK Financial Planners, is to sell off its UK and international operations after receiving approaches from potential buyers.

The Novia platform has claimed to be the first in the UK to offer a with profits investment product to advisers and their clients.

Staff at adviser platform Transact will start to return to the office from August as the platform pilots a hybrid working model.