Standard Life Aberdeen CEO Stephen Bird is to auction off adviser platform Parmenion in an ongoing bid to simplify the business, which he took over from former CEO Keith Skeoch in September this year.
The disposal of the platform, which manages £6.5bn of assets, will be managed by Natixis subsidiary Fenchurch Advisory Partners and will be formally announced to the stock exchange today, according to...
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£5m in tax receipts
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