HSBC is preparing to launch a direct-to-consumer platform powered by technology provider FNZ.
The group is also looking to FNZ to power a platform for its in-house advisers. It has not set launch dates for either proposition.
FNZ already supports the HSBC Workplace Retirement Service proposition, which formally launched in November 2010.
FNZ powers a number of other platforms including Axa Elevate, Zurich and Standard Life.
In April, HSBC announced it was to axe its tied advice service but would continue with its whole-of-market adviser and execution-only arms.
Both HSBC and FNZ declined to comment.