UK life insurer in talks to sell European businesses
‘Discussions are on-going and there can be no certainty that any transaction will be agreed’
‘Discussions are on-going and there can be no certainty that any transaction will be agreed’
While wealth manager promotes chief executive of international arm as successor
Standard Life Aberdeen says 66% of retirees will run out of money
It has ‘significant capital’ to help the platform ‘grow and consolidate’ within the wealth sector
It wants to ‘simplify’ the business and ‘address areas of lower contribution’
It will sell its Sipp, onshore bond and trustee investment plan to SLA and then take over the whole brand
Transaction could be announced in a matter of days
It becomes the ‘first foreign-invested joint venture to receive this approval’ in the country
Newly appointed CEO looking to ‘simplify offering to financial advisers’
Increasing regulatory requirements have made the process seem like a ‘daunting task’
As it pivots to more of an open book strategy
Changing of the guard at SLA, as Canaccord Genuity Wealth Management names international sales head