cover image: abrdn plc Spotlight on Personal Building a leading position in the UK savings and wealth market

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abrdn plc Spotlight on Personal Building a leading position in the UK savings and wealth market

6 Jul 2023

We are excited to be able to set out our plans for the next phase of our development today and you can expect to see more of interactive investor in the coming months, as we deliver new products to market and invest in our brand.” Our Personal vector has undergone a significant transformation under Richard Wilson’s leadership. [...] This has seen the coming together of abrdn’s existing Financial Planning business with ii, the sale agreed for our Discretionary Fund Management business and the transfer of our Managed Portfolio Service business to the Adviser vector. [...] Reflecting its scale and growth potential, the key growth drivers for the business are: • customer growth; • increased product penetration, in particular SIPPs; • continued launch of new services, and • growth opportunities from being part of the wider abrdn group. [...] Post the restructure and full integration of the Financial Planning business, the combined Personal vector is positioned to deliver growth with a cost/income ratio of <60%. [...] The materials used in the presentation and the audio webcast will be available here and a replay will be available.

Authors

James Harley

Pages
2
Published in
United Kingdom