Scottish Widows Investment Partnership's chief executive Dean Buckley is to leave as Aberdeen Asset Management realigns its investment division following its takeover of the Scottish group.
The UK has seen a sharp drop in new fund launches at the start of 2014, with administration backlogs, pricing overhauls and Neil Woodford's forthcoming new venture to blame.
Super clean and others; why fund groups took different approaches to passing on cheaper costs
Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.
PA Portfolio takes a look at investing in asset management houses
Scotland's £800bn fund management industry has begun to step up contingency plans in the event the country's populace votes for independence this September.
Fund buyers have flagged the possibility of the country's largest emerging market equity funds reopening after outflows and market falls prompted a sharp drop in assets.
Are corporate bonds set to make a comeback?
Skandia has secured an average annual management charge (AMC) of 0.52% on its restricted WealthSelect range.