Abrdn sells UK and Jersey DFM business for £140m
Asset manager believes another owner is ‘better placed to invest to deliver greater scale’ in the operation
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Asset manager believes another owner is ‘better placed to invest to deliver greater scale’ in the operation
Six months after Abrdn pulled out of buying the business, instead opting to invest in parent company Nucoro
Asset manager hires CIO, as wealth firm promotes five to partner
Lynne Connolly was an ‘inspirational colleague, leader and role model’
As 85% worry about rising operating costs
As the industry continues to shift from DB schemes to alternative retirement income strategies
David Tiller has passed away at the age of 56
‘The idea that people are forced to sell their homes to pay for care is a political hot potato’
In a bid to provide mass market consumers with greater access to services
After it raked in £225m for selling off shares in the firm’s asset management arm
But it will keep a 10% share in the company
Lifetime and money purchase annual allowances also under fire