Standard Life Aberdeen investors want change of leadership

Institutional investors want to see Standard Life Aberdeen’s reigning duo out, according to a poll at Procensus – a platform for sharing opinion on markets.

Two thirds of 21 surveyed investors, polled in a Procensus-organized research asked for Standard Life Aberdeen’s co-chief executives structure including Keith Skeoch and Martin Gilbert, would be scrapped.

Skeoch and Gilbert have been at the helm of the asset manager, following the merger of Aberdeen Asset Management and Standard Life in 2017, when they pledged that they will serve as co-chief executives for a decade.

Standard Life Aberdeen outflows top £31bn as Gars continues to struggle

Procensus, could not confirm those, who voted in a poll, were in fact SLA’s shareholders. The poll result showed that 20 per cent of respondents asked Skeoch to take reign of the company, while none wanted to see Gilbert in charge.

Skeoch dismissed the poll’s results, questioning it’s legitimacy.

Speaking to Financial News, Skeoch says: “Martin has his areas of responsibility and I have mine. We are both the key decision makers in those areas of responsibility.

“There has not yet been anything where there has been a fundamental disagreement. Our approach to things we think are really important are pretty much shared.”



Baillie Gifford slams active managers for trying to ‘outsmart’ peers

Fund manager Baillie Gifford has hit out at the active fund management industry for failing to put capital into the hands of the companies that deserve it. Baillie has launched a campaign for “actual” investing, where managers target tangible, sustainable activities to generate long term growth as well as positive shareholder returns. The firm says […]


High Court shuts down £20m property scam

The High Court has shut down a property investment company for defrauding close to £20m of investors’ money. Essex and London Properties was incorporated on 15 April 2005, with a registered office in Sidcup, Kent. It claimed to purchase properties with the intention of selling them on at a profit or getting rental income for […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]

The savvy consumer

In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]


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