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The Latest Breaking News from Standard Life

London traders weigh war deadlock as luxury woes hit Paris

The FTSE 100 closed down 49.48 points, 0.5%, at 10,559.58.

Evening Standard

Aegon offloads 200-year-old UK business to Standard Life for £2bn

Deal will create pensions and savings group with 16 million customers and £480bn of assets, while Aegon focuses on US

The Guardian - UK

Standard Life buys Aegon UK in £2bn deal

IN FULL

The Independent UK

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Standard Life buys rival in £2bn deal to create pension and savings giant

Dutch financial firm Aegon will own a 15.3 per cent stake in the combined group following the deal

The Independent UK

Standard Life strikes £2bn deal to buy Aegon UK

Dutch financial firm Aegon will own a 15.3% stake in the combined group following the deal.

Evening Standard

Older people forced to ‘unretire’ amid financial pressure concerns

A significant proportion of older people are being forced to ‘unretire’, a new survey has revealed

The Independent UK

Some older people having to ‘unretire’ due to financial pressures, survey finds

A fifth of people questioned for Standard Life said they did not realise how much money they would need in retirement.

Evening Standard

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FTSE 100 suffers losses amid fears over US-Iran ceasefire

Evening Standard

Gen Z have big retirement dreams - but are failing to plan how to pay for them

It’s important to start early so that compounding does the heavy lifting for retirement savings

The Independent UK

As boomers are forced back to work because they can't afford to retire, Robinhood CEO says Gen Z are opening retirement accounts at 19 years old

Robinhood cofounder and CEO Vlad Tenev says young people are embracing old-fashioned investments, and it seems to be working. Gen Zers are already on track to successfully retire.

Fortune

Of course most of us don’t know the state pension age – we don’t think we’ll ever retire

IN FOCUS: As a new study reveals that only one in five people are aware of when they can stick up an indefinite ‘gone fishing’ sign, Helen Coffey explores whether it’s indicative of a more troubling trend around pension ignorance and magical thinking

The Independent UK

People receiving full new state pension on course for £12,548 from April

Inflation figures released on Wednesday suggest that wages, which have increased by 4.8%, will be used to calculate next year’s state pension rise.

Evening Standard

Insurer Phoenix changing name to Standard Life next year

Phoenix bought the Standard Life brand in May 2021 following its purchase of Standard Life Aberdeen’s insurance arm in 2018 for £3.28 billion.

The Independent UK

Everything we know about retired British couple found dead in France

The bodies of Andrew and Dawn Searle were found in Les Pesquiès, southwest France

The Independent UK

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Fortune

Baby boomer and late Gen X men are ‘unretiring’ or planning to because they can't afford to kick up their feet in the current climate

After a brief taste of retirement, a sizable chunk of pensioners are dusting off their suits and returning to work.

The Guardian - UK

Deanne Stewart: The megafund boss with lessons for Britain on Australia’s ‘pensions nirvana’

The chief executive of Aware Super, one of the biggest funds down under, is briefing Keir Starmer on pension reforms

The National (Scotland)

Highland estate back on market after three years – with 60 per cent higher price tag

A CONTROVERSIAL Highlands estate has been put back on the market ...

The Guardian - UK

Cairngorms estate goes back on sale after criticism of ‘green laird’ owner

Campaigners say sudden sale suggests Abrdn’s use of Scottish countryside was ‘get-rich-quick scheme’

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Evening Standard

What's in a name? Everything it seems - Abrdn shld knw

Recent experience suggests it is best to stick with your first hunch rather than going for a big rebrand

The Guardian - UK

Mocking the Abrdn name is ‘corporate bullying’, says chief investment officer

Peter Branner accuses press of making ‘childish jokes’ about rebrand, which would not be acceptable if firm was a person

The Times of India

Fmr TCS CEO Gopinathan joins BCG as senior adviser

BENGALURU: Former chief executive officer of Tata Consultancy Services (TCS) Rajesh Gopinathan has joined the Boston Consulting Group (BCG) as senior adviser, technology, media, and telecommunications (TMT) practice as part of its Delhi team.

The Independent UK

Autumn Statement could be brilliant opportunity for Isa rules shake-up – experts

Reports suggest that Chancellor Jeremy Hunt is preparing an Isa shake-up which could make it easier for savers to take advantage of improved rates.

The Independent UK

Pensioners could be set for inflation-busting state pension rise next April

Experts have said a potential increase to the state pension of 8.5% could re-ignite the debate around the sustainability of the triple lock.

Daily Record

New State Pension payments may be less than older people retiring this year expect

Key facts about State Pension payments everyone nearing retirement age should know.

Daily Record

Most older people unaware they can access 25% of their pension pot tax-free

Everything you need to know about accessing your retirement savings from the age of 55.

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