Lloyds Banking Group has announced it is to withdraw £109bn of assets currently managed by Standard Life Aberdeen for Scottish Widows as it is a "material competitor" following the Standard Life Aberdeen merger.
In a stock exchange announcement, Lloyds said it had been reviewing its Scottish Widows Wealth business including the legacy assets run by Aberdeen entities and, as a result, it had given Standard Life...
Retains platform and financial advice business
Divorcees more likely to be in debt
The aviation sector's constant evaluation of errors in order to improve safety should be applied to defined benefit (DB) schemes, as too many are repeating the same mistakes again and again, research has shown.
Includes income tax and loss relief