Abrdn’s Aberdeen Asian Income Fund Limited is planning to move its tax domicile from Jersey to the UK and adopt UK investment trust status, the company has reported.

STM Group, owner of the Options pensions business (formerly known as Carey), has sold its Jersey Corporate & Trustee Services (CTS) businesses for £1.4m.

The FCA is to work with the Jersey regulator to review plans by fallen fund manager Neil Woodford to stage a comeback.

Quilter Cheviot has made two appointments of experienced staff as it increases the total size of its investment team to 167.