Abrdn is to revamp its Financial Planning arm, formerly known as 1825, resulting in the closure of offices in Reading, Sheffield and Bristol (Bristol will be retained by the group).

Abrdn is to launch a new adviser platform which will replace the company's existing three platforms.

Professional Independent Wealth Advice (PIWA), part of the now M&G Wealth-owned Sandringham Financial Partners, has hired a new joint CEO and new COO from Abrdn.

Richard Charnock, the former CEO of Abrdn Capital, has joined the board of Handelsbanken Wealth & Asset Management as an independent director.