diff --git a/app/templates/pricing.html b/app/templates/pricing.html
index 0bb066e..595d9fe 100644
--- a/app/templates/pricing.html
+++ b/app/templates/pricing.html
@@ -6,10 +6,11 @@
 <section class="public-section">
   <h1 class="public-section__head">Pricing</h1>
   <p>
-    Two tiers. The news aggregator and hourly AI interpretation are
-    available to everyone &mdash; paid extends the news window from
-    6 hours to 24 hours and adds daily editorial by email, plus the
-    portfolio-import features.
+    Two tiers. Most of the editorial stays free &mdash; the news
+    aggregator, the hourly AI read, the indicator panels, the
+    follow-up chat. Paid extends the news window from 6 hours to a
+    full 24, unlocks portfolio import &amp; analysis, and adds a
+    daily email digest on top of the Sunday recap everyone gets.
   </p>
 </section>
 
@@ -20,14 +21,15 @@
     <div class="tier-card__price">&pound;0</div>
     <div class="tier-card__price-hint">Forever. No card needed.</div>
     <ul>
-      <li>News aggregator &mdash; last 6 hours, auto-tagged by theme</li>
-      <li>Cross-asset macro signals across every asset class</li>
-      <li>Hourly AI interpretation of the news + the tape</li>
-      <li>Per-group cross-asset summaries</li>
-      <li>Novice / Intermediate reading levels</li>
-      <li><strong>Sunday weekly digest by email</strong></li>
+      <li>News aggregator &mdash; last 6 hours, auto-tagged by theme, click-to-filter</li>
+      <li>Cross-asset indicator panels (equities, rates, FX, commodities, credit, &hellip;) with a one-paragraph AI read on each tab</li>
+      <li>Hourly strategic log &mdash; a single editorial interpretation of the day, updated each hour</li>
+      <li>Ask follow-up questions on any past log &mdash; the chat has the day&rsquo;s context loaded</li>
+      <li>Two reading levels: <em>Novice</em> (defines jargon) or <em>Intermediate</em> (terse, for fluent readers)</li>
+      <li><strong>Sunday weekly digest by email</strong> &mdash; the week behind + the week ahead, one-click unsubscribe</li>
       <li class="tier-card__excluded">Portfolio import &amp; analysis</li>
       <li class="tier-card__excluded">Encrypted cloud sync</li>
+      <li class="tier-card__excluded">Daily email digest</li>
     </ul>
     <div class="tier-card__cta">
       {% if cu and (cu.user or cu.is_admin) %}
@@ -44,11 +46,11 @@
     <div class="tier-card__price-hint">Checkout opens with our payments rollout.</div>
     <ul>
       <li>Everything in Free</li>
-      <li><strong>News aggregator &mdash; full 24 hours</strong></li>
-      <li>Portfolio import (Trading 212 CSV)</li>
-      <li>AI commentary on diversification, sector and currency concentration, and macro-regime context for the holdings you upload</li>
-      <li>Optional encrypted cloud sync across devices</li>
-      <li><strong>Daily email digest</strong> (Mon&ndash;Sat) plus the Sunday recap</li>
+      <li><strong>News aggregator &mdash; full 24 hours</strong> (vs. 6 hours on Free)</li>
+      <li><strong>Daily email digest</strong> (Mon&ndash;Sat) &mdash; a ~600-word read of the session ahead, in addition to the Sunday recap</li>
+      <li>Portfolio import from a Trading 212 CSV</li>
+      <li>AI commentary on diversification, sector and currency concentration, and macro-regime fit for the holdings you upload</li>
+      <li>Optional encrypted cloud sync &mdash; PIN-derived encryption in your browser, second-layer wrap on the server, no plaintext holdings server-side</li>
     </ul>
     <div class="tier-card__cta">
       {% if cu and (cu.user or cu.is_admin) %}
@@ -67,6 +69,15 @@
 
 </section>
 
+<section class="public-section">
+  <p style="font-size: 13px; color: var(--muted);">
+    <strong>Invite a friend.</strong> Every account gets a personal
+    invite link from the Settings page. When friends sign up through
+    it, we credit you toward the paid tier &mdash; the credit ledger
+    is live; the rate kicks in with the payments rollout.
+  </p>
+</section>
+
 <section class="public-section">
   <h2 class="public-section__head">How the data is handled</h2>
   <p>