Financial advisers find ‘consumer support’ the most challenging Consumer Duty requirement, according to new research from Abrdn, an investment and SIPP provider.

Abrdn is to launch a Junior SIPP product as part of its new family wealth planning offering for financial advisers.

Despite almost half (48%) of retirees worried about running out of money in retirement, three quarters (78%) have not sought professional financial advice, according to new research.

Investment manager Abrdn has confirmed plans to buy the direct to consumer financial platform Interactive Investor for £1.49bn.

Abrdn and Interactive Investor have today both confirmed talks which could see Abrdn acquiring Interactive Investor (ii) for £1.5bn.

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.