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Standard Life Aberdeen becomes Abrdn
Standard Life Aberdeen is to rebrand as Abrdn (pronounced: Aberdeen) in a move to bring together the Standard Life and Aberdeen names under one united brand.
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14% rise in AJ Bell advised customers
Advised net inflows held steady at £900m for investment platform AJ Bell for the quarter ending 31 March, as advised customers rose 14%.
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FSCS declares 11 firms in default including pension advisers
The Financial Services Compensation Scheme (FSCS) declared 11 firms in default in March, including several wealth managers and a firm involved in BSPS transers.
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Two thirds of 2021 retirees risk running out of cash
Two thirds (66%) of adults retiring in 2021 risk running out of money in retirement, according to a new study.
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FCA sorry for failings as LCF victims get £120m payback
The FCA has apologised for its handing of the collapse of London Capital & Finance (LCF) and the Connaught Income Fund Series 1 and has set out its approach to assessing related complaints.
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