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abrdn plc (ABDN.L)
- Reuters
Abrdn CFO Stephanie Bruce to step down
Bloomberg News had first reported on Thursday that Bruce would leave her role in the coming months, citing an abrdn spokesperson. In an emailed statement to Reuters, an abrdn spokesperson said that there was no departure date yet for Bruce. Bruce joined the British company in June 2019 from accountancy firm PwC, where she was a partner.
- Yahoo Finance UK
Pensions: The inheritance tax loophole authorities are desperately trying to close
Keeping savings in a pension can be a highly effective way of avoiding inheritance tax, and the sooner it is addressed the better, experts say.
- Reuters
Abrdn buys stake in digital assets exchange Archax
British asset manager abrdn has bought a stake in digital assets exchange Archax, amid a wider push by investors into crypto-assets despite a recent plunge in value. The stake, acquired for an undisclosed sum, gives abrdn a seat on the board at Archax and makes the asset manager its largest external shareholder, an abrdn spokesperson said. Founded in 2018, Archax provides access to blockchain-based digital assets and became the first digital securities exchange to win regulatory approval from the Financial Conduct Authority, abrdn said in a statement.
