Standard Life Aberdeen’s pre-tax profit slumped 30 per cent to £195m in the first half of 2020 after Lloyds withdrew £25bn in the peak of the pandemic. [1] => Array [query] => https://pubstack.nw18.com/pubsync/v1/api/videos/recommended?source=n18english&channels=5d95e6c378c2f2492e2148a2,5d95e6c278c2f2492e214884,5d96f74de3f5f312274ca307&categories=5d95e6d7340a9e4981b2e10a&publish_min=2020-08-11T14:38:13.000Z&publish_max=2020-08-14T14:38:13.000Z&sort_by=date-relevance&order_by=0&limit=2 Contact our Talent Acquisition team. )

At the time of acquisition the platform held £9.8 billion of client assets, boosting the total level of assets held on Standard Life platforms to £36.4 billion.In October 2017, it was reported that there had been withdrawals of $10 billion from Standard Life Aberdeen's mutual funds over the prior year.In February 2018, Standard Life Aberdeen announced its intention to sell its insurance business to Phoenix for £3.2 billion, marking a transition away from its insurance roots to asset management.Standard Life Aberdeen is an investment company, headquartered in The company has £578 billion assets under management, making it the UK's largest listed fund manager.In the UK, Standard Life Aberdeen also owns three subsidiary businesses: Standard Life Aberdeen has a primary listing on the In January 2007, the head of Standard Life's life and pensions business, Trevor Matthews, used the In March 2007 the company announced it would cut 1,000 jobs in an attempt to save an additional £100 million per year in costs.In February 2014, Standard Life announced that it may move parts of their operations outside Scotland in the event of Scottish independence, if it was necessary to do so. FTAdviser.com is an all-encompassing website dedicated to the financial intermediary market covering investments, mortgages, pensions, insurance, regulation and other key issues shaping the industry ... Standard Life is a brand of Standard Life Aberdeen. ( ( 23 February 2018. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. SLA's assets under management and administration fell 6% to 512 billion pounds, above a forecast 506 billion. ) Standard Life Aberdeen plc (formerly Standard Life plc), is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland.In March 2017, Standard Life reached an agreement to merge with the investment company Aberdeen Asset Management.Standard Life was renamed Standard Life Aberdeen on 14 August 2017. [youtube_id] => ULFRmMeorHE There are important legal and regulatory restrictions which you were advised to read before proceeding. recruitment@standardlife.com. ( LONDON British asset manager Standard Life Aberdeen’s pre-tax profit fell 30% to 195 million pounds ($256.02 million) in the first half due to the impact of the coronavirus pandemic and the withdrawal of assets by a large client, it said on Friday.Fee-based revenue dropped 13% to 706 million pounds due to 2019 outflows, clients switching to lower-fee assets in the tough environment, and a scheduled withdrawal of assets by Lloyds Banking Group. [id] => 5f3653f9046bae25c91dab87 Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them. 2020 interim dividend. [videos] => Array [id] => 5f365308a28c9c25c1c3ba90 Go to the Dividend history page. All rights reserved. Contact us. A Time Warner Company. [title] => Medical Council of India Announces Medical Degrees From Colleges Of PoK Will Not Be Valid In India