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.

Abrdn has launched a Responsible Global Asset Strategies (RGAS) fund for investors who want to focus on responsible and sustainable issues without sacrificing returns.