Standard Life

'Helping clients understand, prepare for and navigate uncertainty'

Retains 5.2% holding

Advisers urged to refine plans and not rush

Tax-deferred withdrawals of 5%

Loss-making half year results confirm

Up from 7.66% in April

'Supporting clients through the transition into retirement requires far more than technical financial expertise alone'

Move comes in partnership with HSBC Asset Management and Franklin Templeton

'Strategically smart, operationally delicate'

Creates UK’s largest savings and income provider