Scottish Widows to terminate £109bn asset management deal with Standard Life Aberdeen

clock • 3 min read

Scottish Widows and Lloyds Banking Group's (LBG's) wealth businesses have decided to review their asset management arrangements and terminate their partnership arrangements with Standard Life Aberdeen.

Scottish Widows and LBG Wealth entered into the partnership with Aberdeen Asset Management following the sale of Scottish Widows Investment Partnership in 2014. This included long-term contracts fo...

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