Jupiter ‘must do better’ on 38% pay gap
Jupiter Asset Management CEO Maarten Slenderbroek has said “we can and must do better” on eliminating its 38% pay gap between male and female employees.
Jupiter Asset Management CEO Maarten Slenderbroek has said “we can and must do better” on eliminating its 38% pay gap between male and female employees.
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Aberdeen Standard Investments (ASI) is to establish an investment and distribution business in Ireland to complement its existing Luxembourg operation and shore up its European offering ahead of Brexit.
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Standard Life Aberdeen hailed its decision to ditch its insurance roots as “a major step” on the road to becoming a “world-class investment company”, but analysts suggest that Phoenix is the real winner here.
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The acquisition of Standard Life Aberdeen’s UK and European insurance arm will net closed book insurer Phoenix Group around £6bn in offshore bonds, the company has confirmed.
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Standard Life Aberdeen (SLA) has reported outflows of £31bn in its first annual results as a combined entity following the £11bn merger between Standard Life and Aberdeen Asset Management last year.
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Standard Life Aberdeen is to sell its UK and European life insurance business to consolidator Phoenix Group in a £3bn cash and shares deal.
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A failed merger between Lloyds Banking Group’s subsidiary Scottish Widows and Standard Life Aberdeen’s pension and assurance arm was behind the FTSE 100 bank’s decision to terminate its contract with the fund group, it was revealed over the weekend.
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Standard Life Aberdeen has lost its biggest client, Lloyds Banking Group (LBG), after the FTSE 100 bank decided to pull more than £100bn assets over competition concerns.
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The formation of investment giant Standard Life Aberdeen has been finalised, the company confirmed early Monday morning.
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