Standard Life, part of Phoenix Group, has successfully concluded a £250 million Bulk Purchase Annuity transaction with the Finning Pension Scheme, which is sponsored by…

Standard Life, part of Phoenix Group, has appointed Barry Butler to its Independent Governance Committee (IGC), overseeing the interests of 2.7 million workplace pension scheme…

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…

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…

Standard Life, part of Phoenix Group, has announced the appointment of Andrew Davies as independent chair of its Independent Governance Committee (IGC) which oversees the…

Glasgow-based Morris & Spottiswood, one of the UK’s leading construction sector firms, has reported the highest turnover in its almost 100-year history, rising 25% to…

Standard Life, part of Phonenix Group, said that raising auto-enrolment (AE) minimum pension contributions could leave UK savers £217,000 better off in retirement. Standard Life…

Standard Life, part of Phoenix Group, announced it has been appointed as a “safe haven” provider for thousands of scammed pension savers. “Members defrauded of…

New research from Phoenix Group, owner of Standard Life, has found that 75% of Scots aged between 40 and 66 — pre-state pension age —…

Standard Life, part of Phoenix Group, has announced four senior appointments within its Defined Benefit Solutions division. Jack Hill has been appointed Director of Defined…

Standard Life, part of Phoenix Group, has concluded a £880 million Bulk Purchase Annuity (BPA) transaction with the Rolls-Royce & Bentley Pension Fund, which is…

John McGuigan has announced his intention to stand down as chair of Scottish Financial Enterprise (SFE), with deputy chair Sue Dawe proposed to be confirmed…

Standard Life, part of Phoenix Group, said it has concluded the transition of over £1.6 billion of assets from the Siemens Investor Plan, following a…

Edinburgh-based investment giant Abrdn plc announced its 2023 results on Tuesday, saying its work to achieve at least £150 million of annualised cost savings “is now…

Standard Life, part of Phoenix Group, has appointed former Hymans Robertson executive Mike Ambery in the new role of Retirement Savings Director. “In this role,…

Standard Life, part of Phoenix Group, has concluded a £114 million Bulk Purchase Annuity (BPA) transaction covering 1,800 members of the Vector Pension Scheme, which…

Scotland’s fintech industry has seen a 24% increase in jobs to around 10,500 over the past two years as FinTech Scotland, the fintech cluster management…

Standard Life, part of Phoenix Group, said it has concluded a £335 million Bulk Purchase Annuity (BPA) transaction with the London Stock Exchange Group Pension…

Standard Life, part of Phoenix Group, said it has partnered with Moneyhub, the open banking and open finance platform, to deliver its pensions dashboard. Standard…

Standard Life, part of Phoenix Group, announced the launch of the Standard Life Pension Annuity, designed to meet the “increasing need for certainty and security…

A surge in bulk annuity deals is anticipated over the next five years, with 86% of pension scheme trustees expecting to approach an insurer in…

Standard Life, part of Phoenix Group, has appointed Callum Stewart as Head of Investment Proposition Distribution. Stewart joins Standard Life from Hyman Robertson, where he…

Standard Life, part of Phoenix Group, said it has concluded a £1.2 billion Bulk Purchase Annuity (BPA) transaction covering 20,200 members of the Mitchells &…

The UK government said nine of the UK’s largest defined contribution pension providers have agreed to allocate 5% of assets in their default funds to unlisted equities…

Standard Life, part of Phoenix Group, has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering the Chubb Pension Plan and the Chubb Security…

Standard Life, part of Phoenix Group, has appointed Andrew Pearson to the newly created role of Head of Financial Education and Communication. The move comes…

Standard Life, part of Phoenix Group, said it has concluded a £80 million Bulk Purchase Annuity (BPA) transaction with the MGM Assurance Staff Pension Plan….

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…

Scottish Rugby Limited — the operating company responsible for the day-to-day business of Scottish rugby — has announced the appointment of Scottish Financial Enterprise chair…

Edinburgh-based investment giant Abrdn plc announced that, in line with succession planning announced on December 23, 2022, chief financial officer Stephanie Bruce “has agreed with…

By Mark McSherry — Abrdn announced it has provided £98 million of private placement debt to EnBW, one of the largest utility companies in Germany and…

Standard Life, part of Phoenix Group, said it has concluded a £200 million Bulk Purchase Annuity (BPA) transaction with the Agfa UK Group Pension Plan,…

Standard Life, part of Phoenix Group, said it has concluded a £530 million Bulk Purchase Annuity (BPA) transaction covering 3,000 members of the Cobham Pension…

Scottish Financial Enterprise (SFE) has announced a new chair along with other appointments to a new-look board. SFE said current deputy chair John McGuigan will…

Standard Life, part of Phoenix Group, said it has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering 13,000 members of the WH Smith…

Standard Life, part of Phoenix Group, announced it has concluded a £150 million Bulk Purchase Annuity (BPA) transaction covering 1,300 members of the Sappi UK…

Standard Life, part of Phoenix Group, said it has concluded a £680 million Bulk Purchase Annuity (BPA) transaction covering 8,000 members of the Whitbread Group…

Phoenix Group’s Standard Life has warned of a “a major gap” in the British pension system with the latest ONS statistics showing a split between the…

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…

Standard Life, part of Phoenix Group, said it has concluded a £175 million bulk purchase annuity (BPA) transaction covering all 2,000 members of the Findel…

Standard Life, part of Phoenix Group, has announced the appointment of three hires to its Defined Benefit Solutions business. Kieran Mistry joins as Senior Business…

Standard Life, part of Phoenix Group, and the Organisation for Economic Co-operation and Development (OECD) have announced a major new Joint Research Initiative on pensions….

Edinburgh investment giant Abrdn confirmed on Friday that it sold 39.98 million of its 144 million shares in life and pensions consolidator Phoenix Group Holdings…

Standard Life, part of Phoenix Group, said it has concluded a £1.7 billion bulk purchase annuity (BPA) transaction covering all members of the Gallaher Pension…

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…

Standard Life, part of Phoenix Group, said it has completed a £1.8 billion Bulk Purchase Annuity (BPA) transaction covering 6,600 pensioner members of the Imperial…

Standard Life, part of Phoenix Group, announced it will move £15 billion of assets and 1.5 million pension customers to a “sustainable default strategy.” Standard Life…

Scottish Friendly Assurance Society Ltd announced that Stephen McGee will join the business as chief executive officer (CEO), subject to regulatory approval, in April 2022….

Standard Life, part of Phoenix Group, has concluded a £130 million bulk purchase annuity transaction covering all pensioner and deferred members of the PerkinElmer (UK)…

The UK’s Financial Conduct Authority (FCA) said on Wednesday that a total of £2.2 million was reportedly lost to pension scammers in the first five months…

Edinburgh-based investment giant Standard Life Aberdeen announced on Monday that it has been officially renamed abrdn plc. The company’s stock market ticker was changed from…

Edinburgh-based asset management giant Standard Life Aberdeen plc announced on Monday its intention to change its name to “Abrdn plc” — a move that will…

Edinburgh-based investment giant Standard Life Aberdeen (SLA) revealed on Tuesday its assets under management and administration remained steady in 2020, slipping 1.8% to £534.6 billion….

Edinburgh-based investment giant Standard Life Aberdeen (SLA) is considering a name change amid reports that new chief executive Stephen Bird is mulling a deal to…

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…

Martin Gilbert, the outgoing vice-chair of Standard Life Aberdeen, said in an interview with London’s Financial News that the Edinburgh-based investment giant will seek acquisitions…

Edinburgh-based investment giant Standard Life Aberdeen plc said on Tuesday that group chief executive Keith Skeoch will step down and be succeeded by Scottish-born Citigroup…

Aberdeen Standard Investments (ASI) private placement debt team has lent £65 million to the City of London Corporation. The investment was undertaken on behalf of…

UPDATE 3 — Swiss Re announced on Thursday the suspension of its plans for a $4.1 billion initial public offering (IPO) of UK life insurance…

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…

Aberdeen Standard Investments said its infrastructure debt team has lent £40 million to the Wales and Borders rail franchise for essential upgrades to its rolling…

Aberdeen Standard Investments said it has provided £65 million of debt to Anglian Water in the form of a privately negotiated green bond. The investment…

Edinburgh-based investment giant Standard Life Aberdeen late on Friday announced the completion of the sale of Standard Life Assurance Limited to Phoenix Group Holdings for a…

Standard Life Aberdeen shareholders on Monday voted more than 99% in favour of the £3.24 billion sale of Standard Life Assurance Limited to Phoenix Group…

UPDATE 2 — Standard Life Aberdeen said on Tuesday it plans to return up to £1.75 billion to shareholders once it closes the sale of…

Standard Life Aberdeen plc said on Thursday it is “considering the potential for a substantial return of capital to shareholders” after it completes a deal to…

Standard Life Aberdeen’s head of distribution Campbell Fleming told Money Marketing in a wide-ranging interview that Standard Life Aberdeen is optimistic that it can hold on to the…

Standard Life Aberdeen on Friday confirmed the sale of its “capital-intensive” insurance business to Phoenix Group for a total consideration of £3.24 billion including £2.28 billion in cash and…

Edinburgh-based investment firm Aberdeen Group plc said its profit before tax rose 72% £442m in 2025, a figure that included “a gain of £236m from…

Edinburgh-based investment giant Aberdeen Group published first-half results on Wednesday, showing assets under management and administration (AUMA) of £517.6 billion, up from £511.4 billion at…