Standard Life and Aberdeen Asset Management announced today that they have reached agreement on a recommended merger which will see the two combine to create a group with £660bn in assets under management and financial strength.

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Standard Life's chief executive is stepping down after six years in the role, the company has reported. Read more...

 

Standard Life has sold its Canadian business to Manulife Financial Corporation for £2.2bn, triggering a special dividend for Standard Life shareholders. Read more...

Standard Life Wealth, the wealth management division of the Scottish company, will move from the Standard Life main group to become part of Standard Life Investments from 1 January. Read more...