Abrdn is to launch a new adviser platform which will replace the company's existing three platforms.

Professional Independent Wealth Advice (PIWA), part of the now M&G Wealth-owned Sandringham Financial Partners, has hired a new joint CEO and new COO from Abrdn.

Richard Charnock, the former CEO of Abrdn Capital, has joined the board of Handelsbanken Wealth & Asset Management as an independent director.

Workers hoping for a comfortable retirement could find their living standards hit by having to bear the burden of the risk of poor investment performance and uncertain lifespans, according to a leading economic think tank.