Standard Life Aberdeen PLC

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Market Cap:
£5.88 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 46


Phoenix shares advance as it hikes dividend after profits jump

Phoenix said a deal to buy the bulk of Standard Life Aberdeen's insurance business last year was on track to deliver £1.2bn in savings...

1 week, 5 days ago

Standard Life Aberdeen assets grow rise after settling contract dispute with Lloyds

Looking ahead, the firm said the “current environment for asset management remains tough” as macroeconomic and political uncertainties continue to hurt investor sentiment....

1 week, 5 days ago

Standard Life Aberdeen confirms Lloyds Bank to pay £140mln to settle fund dispute

The bank cancelled the £104bn contract when Standard Life and Aberdeen merged ...

3 weeks, 5 days ago

Investor rebellions in store for Lloyds, Metro Bank and G4S meetings

Ahead of Metro Bank's AGM, American founder Vernon Hill urged investors to “meet with the directors and express your views by attending, raising questions and voting”...

on 14/5/19

Standard Life Aberdeen assets grow on positive market movements

Assets were boosted by £3.5bn from joint venture partner Virgin Money and the acquisition of Asia-based real estate manager Orion Partners....

on 14/5/19

Lloyds posts flat profit as it takes hit for ending Standard Life Aberdeen contract early

Lloyds maintained its financial targets for the year and said it remained confident on the outlook despite Brexit uncertainty ...

on 2/5/19

Standard Life Aberdeen needs to cut costs after losing deal with Lloyds, says Barclays

Barclays downgraded its stance on Standard Life Aberdeen to ‘equal weight’ from ‘overweight’ and removed it as a "top pick"...

on 12/4/19

Lloyds not entitled to end £100bn asset management deal with Standard Life Aberdeen, tribunal rules

Standard Life Aberdeen said it is considering its next steps and is "working constructively with Lloyds to bring the matter to resolution"...

on 19/3/19

Standard Life Aberdeen rise reflects absence of feared dividend cut, but risks still remain with earnings cover thin

The merged group actually increased their total pay-out for 2018 to 21.6p per share and said it is targeting an unchanged pay-out going forward...

on 13/3/19

Standard Life Aberdeen appoints Keith Skeoch as its sole chief executive, with Martin Gilbert to step aside

The FTSE 100-listed company said Gilbert will continue to serve as vice chairman of the group and chairman of Aberdeen Standard Investments...

on 13/3/19

RBC Capital fears for Standard Life Aberdeen dividend after ‘cut-price’ sale of life insurance business

Without its highly cash-generative life insurance arm, Standard Life is relying on its flagship GARS to make up the difference, which it doesn’t seem to be doing...

on 12/3/19
Retail & consumer

Just Eat to re-join FTSE 100 index next month, just one quarter after demotion; Phoenix Group also gains blue chip status

The FTSE UK indexes quarterly reshuffle was announced after the London market close on Wednesday, with the changes to come in effect at the start of trading on Monday 18 March...

on 28/2/19

Sir Gerry Grimstone to step down from Barclays roles

Sir Gerry is currently a non-executive director at Barclays and the chairman of its Barclays Bank subsidiary, but he will leave those roles at the end of February...

on 22/2/19

Standard Life Aberdeen weak as Morgan Stanley downgrades to 'equal-weight' from ‘overweight’

The US investment bank also cut its target price for the FTSE 100-listed asset manager to 255p from 330p, with the shares currently changing hands at 252.60p, down 4.7% on Wednesday’s close...

on 31/1/19

St. James’s Place, Standard Life Aberdeen, and Hargreaves Lansdown downgraded as Deutsche Bank turns negative on insurers

In a note, the investment bank downgraded the European insurance sector to 'Neutral' from 'Outperform', with UK insurers expected to see additional risk from Brexit and political volatility...

on 7/1/19

Standard Life Aberdeen slides as RBC downgrades to ‘Sector Perform’ on ‘flagging’ performance

The bank said since selling its “highly cash-generative” life insurance business, SLA was now having to rely solely on its asset management activities, which are reliant on market movements...

on 11/12/18

Phoenix Group beats cash generation target for 2017 and 2018 as more companies shift pension risks

The FTSE 250-listed firm said its cash generation hit £1.3bn in the 2017 and 2018 period, higher than the £1bn to £1.2bn targeted range, with £644mln of cash generated in 2018 and £653mln in 2017...

on 29/11/18

Standard Life Aberdeen appoints Douglas Flint as chairman

Douglas Flint will be appointed non-executive director and chairman-designate on November 1, 2018, before taking over from Grimstone in 2019...

on 30/10/18

Standard Life Aberdeen blames tough market conditions for lower profits and AUMA

Standard Life Aberdeen said economic and political uncertainties continue to affect investor sentiment...

on 7/8/18

Standard Life Aberdeen says shareholding in Indian joint venture, HDFC AM to be valued at up to £975mln after IPO

SLA's joint venture partner, India-based Housing Development Finance Corp Ltd said the HDFC IPO price has been fixed at 1,095 to 1,100 Indian rupees per share, equivalent to 1,210p to 1,220p per share...

on 17/7/18

Standard Life Aberdeen 'not that cheap', says Berenberg as it cuts target price

Berenberg left its rating on Standard Life Aberdeen at ‘hold’ and cut its target price to 360p from 460p...

on 5/7/18

Phoenix Group's Standard Life transaction a win-win deal

It's a beneficial deal for both sides: It increases Phoenix’s assets under management and cash generation while making Standard Life "a capital-lite asset gatherer" focused on asset management and UK platforms...

on 27/6/18

Standard Life Aberdeen star fund manager Harry Nimmo set to boost his portfolio to above £550mln as investment trusts unveil merger

Dunedin Smaller Companies Investment Trust has agreed, in principle, the terms of a merger with Standard Life UK Smaller Companies Trust, which is run by Nimmo...

on 21/6/18

UBS lifts Standard Life Aberdeen to ‘buy’ from ‘neutral’ as valuation now more than reflects challenges

The Swiss bank's analysts concluded: “While we have concerns regarding the core asset management business at SLA, we believe this is more than priced in at the current valuation which is undemanding in our view” ...

on 11/6/18

Lloyds Banking Group raises £344mln after selling remaining stake in Standard Life Aberdeen

The FTSE 100-listed bank said the shares sold, representing approximately 3.3% of Standard Life Aberdeen’s issued ordinary share capital, were sold at a price of 352.5p each...

on 8/6/18