Asset manager Abrdn and consumer investment platform Interactive Investor have today both confirmed that talks are taking place which could see Abrdn acquiring Interactive Investor (ii) for £1.5bn.

The Coronavirus pandemic has changed the way that clients want to interact with their financial adviser on a long-term basis, according to a new report.

Seven digital advice businesses have joined forces to push the benefits to consumers of digital advice over traditional advice.

Abrdn (formerly Standard Life Wrap), Aviva, Praemium and Quilter are to offer AJ Bell Investments’ managed portfolio service (MPS) to boost the number of Financial Planners able to access the funds.