Investment manager and Financial Planner Abrdn made a pre-tax loss of just £6m last year, a huge turnaround from the £546m loss posted the previous year.

Investment provider Abrdn has launched a new MPS product, the Abrdn Money Market MPS, to meet client for a low risk MPS alternative to cash products.

The number of Certified Financial Planner professional worldwide rose by 5.1% in 2023 to reach an all time record of 223,770.

Virgin Money is to buy Abrdn’s 50% stake in their joint venture called Virgin Money Investments.