Search Results for standard life







Standard Life Aberdeen in £3.2bn insurance sale

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…


Standard Life’s 1825 buys Cumberland Place

1825, Standard life’s financial planning business, has agreed to acquire Cumberland Place Financial Management Ltd which has assets under advice of £400 million. The acquisition…


Standard Life’s 1825 acquires Fraser Heath

Standard Life’s financial planning business 1825 said it agreed to acquire Bristol-based Fraser Heath Financial Management, which has assets under advice of £352 million. After…



Regulator clears Standard Life-Aberdeen merger

Standard Life and Aberdeen Asset Management said the UK’s Competition and Markets Authority (CMA) announced that it has cleared the £11 billion merger of the Scottish investment giants….



Standard Life teams up with Sage for auto enrolment

Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…



800 roles could go in Standard Life-Aberdeen merger

Standard Life and Aberdeen Asset Management expect to cut their combined workforce by up to 800 roles — nearly 9% of the companies’ combined payroll — within three years of their proposed merger, Standard…



Standard Life agrees to buy Aberdeen for £3.8bn

UPDATE 5 – Edinburgh-based Standard Life has agreed to buy Aberdeen Asset Management for £3.8 billion in an all-share transaction that would create a global fund management player overseeing £660 billion…


Standard Life, Aberdeen Asset confirm merger talks

UPDATE 5 – Scottish investment giants Standard Life and Aberdeen Asset Management confirmed in a joint statement they are in discussions about a possible all-share merger that would create a…


Standard Life operating profit up 9% to £723m

Edinburgh-based investment, pensions and insurance giant Standard Life said its operating profit before tax rose 9% to £723 million in 2016 and assets under administration rose by 16% to…


Governance expert Gilshan joins Standard Life

Edinburgh-based fund manager Standard Life Investments said it has strengthened its environmental, social and governance (ESG) investment team with the appointment of Deborah Gilshan as…



Standard Life competes Elevate acquisition

Edinburgh-based Standard Life said it completed the acquisition of AXA Portfolio Services — which trades as Elevate — from AXA UK plc following Financial Conduct Authority consent. “The…


Standard Life launches corporate bond fund

Edinburgh-based Standard Life Investments (SLI) has launched a short-dated corporate bond fund to invest predominantly in sterling-denominated corporate bonds with a maturity of less than five years….



New Singapore team for Standard Life

Edinburgh-based global asset manager Standard Life Investments announced the appointment of a new team and CEO in Singapore, a big step in the firm’s global growth…



Standard Life to reopen UK Real Estate Fund

Edinburgh-based Standard Life Investments (SLI) said it will reopen its suspended UK Real Estate Fund and associated feeder funds from 12 noon on Monday, October 17. The…


Standard Life-Almary Green deal talks ended

Standard Life’s financial planning business 1825 said on Monday that it has terminated discussions to acquire Norwich-based independent financial advisers Almary Green, which has assets under advice of…


Standard Life: China growth could slow to 2%

Edinburgh-based global fund manager Standard Life Investments (SLI), which manages assets of about £270 billion, has warned that growth in China could fall as low as…



Standard Life’s 1825 to buy Jones Sheridan

Standard Life’s fast-growing financial planning business 1825 said it will make its fifth acquisition through buying Crewe-based Jones Sheridan, which has assets under advice of £350 million. The deal will establish 1825’s…



Standard Life Investments launches US fund

Edinburgh-based fund manager Standard Life Investments has launched an American Equity Income fund to UK-based retail investors. The fund will be run out of the firm’s…


Standard Life’s pension leads charge into bonds

The average FTSE 100 company’s defined benefits pension scheme saw its asset allocation to bonds increase to 61% in the year to December 31, 2015, according to recent research by Jardine…


22% vote against Standard Life bosses’ pay

Almost a quarter of Standard Life shareholders — about 22. 3% — voted against its directors’ remuneration report at its annual meeting on Tuesday. Last week, Standard…


Standard Life CEO Skeoch cuts his bonus

Edinburgh-based savings and investment giant Standard Life said its chief executive Keith Skeoch voluntarily cut his potential incentive plan from 500% of his salary to 400%. Skeoch’s base salary is £700,000,…


Standard Life to buy Axa’s Elevate

Edinburgh-based pensions and investment firm Standard Life said it agreed to acquire AXA Portfolio Services Limited — which trades as Elevate — to further strengthen its position as a platform provider…



Standard Life ‘wants to buy Axa’s Elevate’

Standard Life wants to buy Elevate, Axa’s platform for helping independent financial advisers manage clients’ investments, according to Bloomberg News. Axa, France’s largest insurer, is…


Lan Tu joins Standard Life as strategy director

Edinburgh-based investment and insurance giant Standard Life has appointed former American Express and McKinsey executive Lan Tu as its strategy director. She will report directly to…


Ex-Standard Life chief Nish joins HSBC board

Global banking and financial services giant HSBC Holdings said it appointed former Standard Life chief executive David Nish, 55, to its board as an independent non-executive…


Standard Life’s 1825 to buy Munro Partnership

Standard Life’s financial planning business 1825 said on Monday it agreed to acquire financial advisory firm Munro Partnership Limited, which has offices in Ayr, Hamilton and Glasgow and has…


Standard Life’s 1825 to buy Almary Green

Standard Life’s financial planning business 1825 said on Tuesday it agreed to acquire Norwich-based independent financial advisers Almary Green, which has assets under advice of around £400 million….



Standard Life operating profit up 9% to £665m

Edinburgh-based Standard Life said on Friday its operating profit before tax rose 9% to £665 million in 2015 — beating analysts’ forecasts of £616 million — as the investment, pensions…


Aberdeen Standard in Singapore Life investment

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) has made a $13 million minority equity investment in Singapore Life Pte. Ltd., a digitally-focused life insurance company…







Former Aberdeen Standard team launch new firm

Former Aberdeen Standard Investments executives Alex Barr and James Witter have launched Bread Street Capital Partners Ltd, a new investment management business specialising in broadening investor…











New Aberdeen Standard fund targets dividends

Aberdeen Standard Investments (ASI) has launched the Aberdeen Standard SICAV I – Global Dynamic Dividend Fund to invest in a range of dividend-paying stocks across developed…


New global head at £456bn Aberdeen Standard

Edinburgh-based investment giant Standard Life Aberdeen has appointed Alex Hoctor-Duncan as the new global head of its £456 billion asset management business Aberdeen Standard Investments….



Aberdeen Standard plans private markets push

Edinburgh-based investment giant Aberdeen Standard Investments (ASI) indicated it is planning to increase its investments in private markets as it hired Mark Redman as its…



Aberdeen Standard closes underperforming fund

Edinburgh-based asset management giant Aberdeen Standard Investments said it is closing its underperforming ASI UK Recovery Equity Fund on October 22 after the fund’s largest…