Standard Lifes Asia and EM division returns
Standard Life’s Asia and emerging market business returned to profit in the first half of this year, as the cost of establishing new offices in Asia and the Middle East abated.
Standard Life’s Asia and emerging market business returned to profit in the first half of this year, as the cost of establishing new offices in Asia and the Middle East abated.
Standard Life Investment (SLI) has completed its £390m acquisition of Ignis Asset Management.
Axa Wealth has changed the way advisory fees are charged on its offshore bonds, enabling policy holders’ unrestricted access to their annual tax free entitlement.
One of the largest insurance brokers in the UAE has temporarily suspended its terms of business with Standard Life, RL360°, Skandia International and Hansard, because the companies are not licensed by the Insurance Authority.
Standard Life’s UK annuity sales dropped 50% following the changes announced in the Spring Budget, but the number of customers in Asia and emerging markets grew 5% in the first quarter of this year.
Standard Life Investments has launched a currency hedged share class for its Japanese Equity Growth OEIC Fund.
Standard Life Investments has launched a currency hedged share class for its Japanese Equity Growth OEIC Fund.
Standard Life Investments spots £50m of cost savings through Ignis purchase but areas for job cuts are not yet identified.
Standard Life has registered a 22% on-year growth in its customer base in Asia and emerging markets during 2013, as more investors opted for long-term savings and investment solutions.
Standard Life has confirmed it is in “exclusive discussions” with Phoenix Group to table a bid for Ignis Asset Management.
The annual Pridham Report selects Standard Life as winning fund group for 2013‚ as measured by net retail sales in the UK.
Standard Life has promoted Sean McGuire to head its bank distribution team in the Middle East.