Advisory firm Saunderson House is set to roll out a discretionary service in order to boost its investment offering.

The firm’s parent company IFG Group revealed the group in an interim update.

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"As the year progresses, Saunderson House plans to selectively broaden its investment offer as a discretionary management service. This will enhance its ability to tailor its service proposition based on client circumstances and broaden the proposition to a wider market," the statement read.

IFG has also said that it plans to develop an online portal in 2015 to improve client service and advisory relationships.

"In addition to further investment in people, marketing and targeted brand development to grow the business, we will implement greater use of technology with a new on-line portal planned for Saunderson House clients to enhance client service and advisory relationships," the company said.

IFG also revealed that it is looking for acquisitions to develop a full platform of retirement planning services in the UK.

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"In line with our strategic focus to provide independent advice and full platform services for retirement wealth planning in the UK, we continue to pursue both organic and inorganic opportunities to leverage the capability in our business," the statement added.