News
Investment | news 23 Feb 18
Standard Life Aberdeen reports £31bn outflows
Standard Life Aberdeen (SLA) has reported outflows of £31bn (€35.2bn $43.3bn) in its first annual results as a combined entity following the £11bn merger between Standard Life and Aberdeen Asset Management last year.
Standard Life offshore bond survives sale to closed book firm
The offshore bond sold by Standard Life will still be available via Phoenix Group after the firm’s life insurance business is acquired, a company spokesperson told International Adviser.
People Moves | news 23 Feb 18
PEOPLE MOVES: Mirabaud, Milestone, Franklin Templeton
Mirabaud boosts its Iberian coverage, Milestone Group pivots towards America with a senior reshuffle and Franklin Templeton appoints a consultants chief.
United Kingdom | news 23 Feb 18
Pension freedoms behind wave of ‘silver splitters’
Although divorce can cut a swathe through your retirement plans, pension freedoms are thought to have embolden some to make the leap into a single life, research from Prudential has revealed.
Phoenix £6bn offshore bond grab opens market to last players
The acquisition of Standard Life Aberdeen’s UK and European insurance arm will net closed book insurer Phoenix Group around £6bn ($8.35bn, €6.8bn) in offshore bonds, Phoenix Group’s head of corporate communications, Shellie Wells, confirmed to International Adviser.