Adviser support network SimplyBiz has added Legal & General Investment Management’s (LGIM’s) model portfolio service to its risk-controlled investment solutions range.

Adviser support network SimplyBiz is to offer free access to Defaqto’s Engage Financial Planning system to all its members.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has reported a 0.3% rise in revenue to £56.6m for the year ending in December, compared to £56.4m in 2022.

Almost two in three (61.5%) of SimplyBiz advisers are positive about the outlook for the sector in 2024, according to the network’s annual survey.