Royal London announced the appointment of Isabel Hudson as a non-executive director and as chair of The Royal London Mutual Insurance Society Limited with effect…

Royal London Asset Management (RLAM) has announced the appointment of Richard Saldanha, Francois de Bruin and Matt Kirby to its Equity Team, and the appointment…

Royal London Asset Management (RLAM) announced the appointment of Phil Reid as Head of Sales, a newly created role. Royal London Asset Management manages £169…

Royal London announced that its chairman Kevin Parry has informed the board that he does not wish to serve beyond this year “and the board…

Royal London Asset Management (RLAM) announced the appointment of two fund managers and three analysts to its equity team as it continues to build “high…

Royal London said in its 2024 first-half results on Friday that its assets under management increased to £169 billion from £162 billion at the end…

Royal London Asset Management announced the restructuring of its global equity team with immediate effect following the resignation of head of equities Peter Rutter and…

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…

By Mark McSherry Scottish Financial Enterprise announced it will partner with The City of London Corporation to deliver a flagship summit in Edinburgh next year…

The Scottish National Investment Bank (SNIB) has confirmed the reappointment of Tracey Ashworth-Davies, Jason McGibbon, Nicholas Moon and Candida Morley as independent non-executive directors of the…

Scottish law firm Burness Paull said it has reported strong results for its financial year ended March 31, a shortened eight-month reporting period following the firm’s…

Dundee-based design and technology services firm Waracle said it agreed a deal to acquire Screenmedia, the Glasgow-based design and software engineering agency, in a move…

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…

NatWest Group Plc — formerly called Royal Bank of Scotland — said on Monday it bought back another £1 billion of its shares from the UK…

The Institute and Faculty of Actuaries (IFoA) has appointed Paul Lewis as its new chief executive officer. Lewis will join the IFoA on January 6,…

By Mark McSherry The board of Baillie Gifford’s $1.2 billion Schiehallion Fund Limited gave its backing on Friday to the fund’s chair Linda Yueh after…

Glasgow media firm STV Group plc said its STV Studios business has confirmed four new commissions and recommissions, including a second series of international thriller Criminal…

KPMG’s latest UK Financial Services Sentiment Survey of 150 industry leaders found that 90% of them plan to increase their footprint outside of London in…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…