Update: Standard Life Aberdeen to axe a number of jobs before 2020

Article updated

Hannah Godfrey
clock • 2 min read

Standard Life Aberdeen is to axe a number of jobs in its IT department by the end of the year.

Workers at the financial services giant were told on Thursday (10 October) that IT services for the group would be outsourced to US-headquartered IT services company Cognizent, the Edinburgh Evening News reported yesterday. The newspaper originally reported 320 jobs would be cut - as did an earlier version of this story - but Standard Life Aberdeen have now since denied that number. The investment giant said some 42 contractors and five permanent staff will be made redundant over the next few months, while 27 staff will be transferred to Cognizent  The company said the cuts were pa...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Asks: Has demand for IHT mitigation risen at your firm?

PA Asks: Has demand for IHT mitigation risen at your firm?

This week’s poll also looks at the role of MPS and paperless operations

Professional Adviser
clock 25 March 2024 • 1 min read
FCA urged to prioritise a 'common sense' approach

FCA urged to prioritise a 'common sense' approach

Last week’s PA Asks poll highlights industry’s thoughts on the FCA

Sahar Nazir
clock 25 March 2024 • 2 min read
Advisers overlooking younger clients over asset value bias

Advisers overlooking younger clients over asset value bias

'Young people need to have access to trusted advice'

Sahar Nazir
clock 22 March 2024 • 1 min read