Royal London is considering a bid to buy the Scottish Widows £6 billion bulk annuities portfolio being sold by Widows parent Lloyds Banking Group (LBG),…

Royal London has announced big changes to its board as its two longest-serving non-executive directors, Ian Dilks and Sally Bridgeland, retire. Dilks was appointed to…

Royal London said its assets under management increased to £153 billion in the six months to June 30, 2023, from £147 billion at the end…

Royal London, the UK’s largest life, pensions and investment mutual, has appointed Edinburgh-based Ronnie Binnie as Head of Strategic Partnerships. Binnie joins Royal London from…

Royal London, the UK’s largest life, pensions, and investment mutual, has agreed to acquire the individual protection line of business of Aegon UK, subject to court…

Royal London said its 2022 operating profit before tax increased 58% to £210 million as adverse market impacts on its asset management revenues “were more…

Royal London said it made a loss before tax of £228 million in the first half of 2022 compared to a £228 million profit for the…

Royal London said on Friday its assets under management increased about 11% to a record high of £164 billion due to positive market movements and…

Royal London said on Wednesday its discussions on a potential merger with mutual life insurer LV= — formerly known as Liverpool Victoria — have ceased. Royal…

Royal London confirmed on Monday it has had “initial, exploratory discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria — about a potential merger….

Royal London confirmed on Friday afternoon it has offered to enter into “immediate and exclusive discussions” with mutual life insurer LV= — formerly known as Liverpool Victoria…

Royal London said on Thursday its assets under management increased to a record high of £153 billion in the six months ended June 30, 2021, compared…

Royal London said on Monday it has hired former Scottish Conservative Party leader Ruth Davidson as non-executive director with effect from June 8, 2021. Davidson will…

Royal London Asset Management (RLAM), which manages assets of £148 billion, has announced the appointment of Hans Georgeson as it chief executive officer. Georgeson will…

Royal London said on Friday its 2020 profit before tax fell 68% to £131 million “reflecting reduced operating profit as well as lower relative returns on…

Royal London has announced the purchase of fintech business Wealth Wizards from Liverpool Victoria, subject to regulatory approval. Royal London is the UK’s largest mutual life,…

Royal London said on Monday it made a pre-tax loss of £181 million in the first half of 2020 compared to a profit of £397 million in…

Royal London announced on Wednesday the sale of its Ascentric platform business to M&G plc. The sale follows the completion of Ascentric’s re-platforming in 2019…

Royal London said its assets under management rose 22% to a new high of £139 billion as net inflows rose 29% to £9.89 billion in…

Royal London said its assets under management (AUM) hit a record of £130 billion in the first half of the year “due to market growth…

Royal London Mutual Insurance Society confirmed on Wednesday that former Standard Life Aberdeen executive Barry O’Dwyer has been appointed its group chief executive subject to…

Royal London announced that its group CEO Phil Loney has decided to stand down by the end of 2019. “He is standing down to concentrate…

Royal London on Thursday reported a 1% increase in half year EEV operating profit to £187 million and a 9% increase in half year EEV…

Royal London said its new life and pensions business soared 38% to £12 billion and funds under management rose 14% to £114 billion in 2017. The mutual…

Royal London said its 2016 operating profit before tax rose 16% to £282 million as its new life and pensions business rose 28% to £8.7 billion on a present…

Royal London — which includes the former Scottish Life and Scottish Provident businesses — said funds managed by the group have passed £100 billion for the first…

Royal London — which includes the former Scottish Life and Scottish Provident businesses — said its new life and pensions business was up by 39% to…

Royal London said on Thursday it produced a record quarter of new business results for the three months ended March 31, with new life and pensions…

Royal London said on Thursday its 2015 operating profit rose 11% to £244 million, lifted by a steep rise in new business. The UK’s largest mutual life, pensions and…

Royal London chief executive Phil Loney has warned UK finance minister George Osborne that it would be “reckless” to “take the huge gamble of introducing ISA style…

Aberdeen-headquartered transport giant FirstGroup plc announced that it has been awarded the contract by Transport for London (TfL) to operate the IFS Cloud London Cable…

Scotland has returned to its historic position as the top location for financial services foreign direct investment (FDI) in the UK outside of London, according…

By Mark McSherry RBC Wealth Management, a subsidiary of Royal Bank of Canada, announced that it will acquire UK wealth manager Brewin Dolphin for £1.6 billion in…

Edinburgh investment firm abrdn has declined to comment on reports in the London trade press that it is planning to establish a new London headquarters…

Scottish companies listed on the London Stock Exchange outperformed their indices in the third quarter of 2020 according to analysis from Brewin Dolphin, boosted by…

On her first day as CEO of Royal Bank of Scotland Group on Friday, Alison Rose shared her vision for the company with staff —…

The Royal Bank of Scotland has appointed agents to sell its former London headquarters in the City of London, according to a report in Property…

Royal Bank of Scotland Group said it will leave its current London headquarters by the end of 2019 in a cost-cutting move, according to a…

Royal Bank of Scotland has agreed to sell one of its London office buildings to a division of Quebec’s government pension manager for slightly less than the…

Edinburgh-based accounting software firm FreeAgent has announced plans for a flotation on the Alternative Investment Market (AIM) of the London Stock Exchange in November. FreeAgent said…

Law firm Burges Salmon has appointed Jennifer Mellor as a new Edinburgh-based director in its Funds and Financial Regulation team. “Jennifer joins Burges Salmon from…

Edinburgh has maintained its place as a leading international financial centre in the latest Global Financial Centres Index (GFCI), placing seventh in Western Europe, second…

First Minister Nicola Sturgeon and Scottish Financial Enterprise chair Philip Grant are to co-chair a “refocussed” national board to “ensure the crucial role of financial…

SSE, the Perth-based renewable power and networks giant, has received support from institutional shareholders Royal London Asset Management and Columbia Threadneedle in its rejection of…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) said on Monday it has made three senior appointments in its global leadership team and that Julie Scott,…

Edinburgh-based investment giant Baillie Gifford continued its record-breaking year in the third quarter thanks to the strong performance of its funds. BlackRock and Baillie Gifford…

Investment firm M&G plc announced on Wednesday it is bringing together established existing businesses to form a new wealth management division. M&G Wealth Management will…

Over 70 asset management firms with $16 trillion of assets have developed the first-ever Net Zero Investment Framework that “provides the first-ever practical blueprint for…

Aberdeen Standard Investments voted against the “enormous” remuneration packages for executives at York-based housebuilder Persimmon including a £75 million package for Persimmon CEO Jeff Fairburn at the…

The UK’s gross pension liability across workplace and state provision grew by £1 trillion in five years to hit £7.6 trillion at the end of 2015,…

Glasgow-based Scottish Friendly, Scotland’s largest financial mutual, said Fiona McBain has decided to step down as chief executive after 11 years “to look for new opportunities and…

TV operator Sky said on Friday that Aberdeen Asset Management chief executive Martin Gilbert has been appointed its deputy chairman — and that James Murdoch, son of media…

The new chief executive of NatWest Group — the bank formerly known as Royal Bank of Scotland — has slashed the company’s executive committee to…

Scotch whisky and drinks giant Diageo plc announced that current non-executive director John Manzoni will be appointed chair of its board on or around February…

Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of…

The latest Royal Bank of Scotland purchasing managers’ index (PMI) has revealed a renewed rise in business activity across the Scottish private sector at the…

Leaders of UK Government Investments (UKGI) told the UK parliament’s cross-party Treasury Committee on Tuesday that the process to sell more of the British taxpayer’s remaining…

M Core, the commercial property and investment collective, said it has acquired the Princes Square retail development in Glasgow city centre. M Core said that Princes…

The latest Royal Bank of Scotland Purchasing Managers Index (PMI) report said the rate of job creation across Scotland was the strongest of all the…

The Scottish private sector indicated a “solid and quicker expansion” in activity during June, according to the latest Royal Bank of Scotland PMI data report….

NatWest Group — the bank formerly known as RBS — has agreed to buy £1.26 billion worth of its shares back from the UK government as…

Shares of NatWest Group, formerly the Royal Bank of Scotland Group, rose as much as 9% on Friday after it announced it would pay an…

Chivas Brothers, the Scotch Whisky business of Pernod Ricard, has announced an £88 million investment into major expansions at Aberlour and Miltonduff, two of its…

Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 6% after it said it sold 183,901 American Depositary Shares (ADSs) of…

Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 4% on Wednesday after the firm said it enjoyed a strong…

The Scottish private sector recorded yet another upturn in activity in December 2021, according to the latest Royal Bank of Scotland Purchasing Managers Index (PMI)…

NatWest Markets Plc said on Tuesday it has pleaded guilty in United States Federal Court to one count of wire fraud and one count of…

The contrarian Scottish Investment Trust plc said on Monday its share price total return for the year to October 31 was 24.3% and the net…

The £1.2 billion Edinburgh Investment Trust said on Monday its net asset value (NAV) has risen 48%, compared with 36.8% for the FTSE All-Share, since…