Aberdeen saw its adviser net outflows fall in Q1 2025 marking their lowest level since Q3 2023, with CEO Jason Windsor noting that “there remains work to be done”.
Adviser net outflows stood at £600m for the period, an improvement on the £900m reported in both Q1 2024 and Q4 2024. Aberdeen noted that it had made "significant progress" towards its goal of "delivering market-leading services" as it looks to return to net inflows as soon as possible, which it said was supported by an improving new business pipeline. It pointed to restored service levels, "enhanced" platform functionality and repricing as drivers of the improvement. Assets under management and administration (AUMA) in the adviser segment stood at £73.7bn, down from £75.2bn as at 31 ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes