Aberdeen adviser outflows improve despite Budget impact

In a Q4 2025 trading update, the group said adviser net outflows totalled £800m in the fourth quarter, an improvement on the £900m net outflows recorded a year earlier. Aberdeen said flows were affected by higher client redemptions ahead of the UK Budget. For the full year, adviser net outflows were £2.2bn, a 44% year-on-year improvement, which the group attributed to a renewed focus on service, previously announced repricing and continued enhancements to its client proposition. Adviser assets under management and administration (AUMA) rose to £80.4bn at the end of December, up from £...