Standard Life
Stark warning that most pension pots won’t last long enough
Standard Life Aberdeen says 66% of retirees will run out of money
European private equity firm snaps up Parmenion for £102m
It has ‘significant capital’ to help the platform ‘grow and consolidate’ within the wealth sector
Standard Life struggling to sell Parmenion
It wants to ‘simplify’ the business and ‘address areas of lower contribution’
Phoenix Group confirms acquisition of Standard Life name
It will sell its Sipp, onshore bond and trustee investment plan to SLA and then take over the whole brand
Phoenix Group set to acquire Standard Life brand
Transaction could be announced in a matter of days