Abrdn has appointed a new head for its advice arm with existing CEO Caroline Connellan stepping down after less than a year in the role.

Fund manager and financial provider Abrdn has launched five new index-based, sustainable funds of funds to expand its MyFolio fund range which has £16.5bn invested.

Almost half (46%) of advisers aware of the Financial Conduct Authority’s (FCA) new Consumer Duty rules plan to turn to platform providers for implementation support, according to a new report.

Advisers opened and filled ISA accounts to max out annual allowances in a single transaction in March due to the impact of volatility gripping markets in the first quarter of this year, according to a new report.