Adviser platform flows plunge 38% to all-time low

Advised platform net flows plunged 38% to £2.8bn in the second quarter of 2023.

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Abrdn adviser business reports £0.6bn in outflows

Abrdn’s financial advice business reported net outflows of £0.6bn for the first half of 2023.

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Covid deaths fuel 17% rise in IHT-hit estates

In the 2020/21 tax year the number of estates paying inheritance tax rose 17% year-on-year with pandemic deaths a factor in the growth, according to data released today by HMRC.

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M&G Wealth hires new CEO from Abrdn

M&G Wealth has recruited Abrdn Personal Wealth CEO Caroline Connellan to be its new chief executive.

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