Standard Life Aberdeen’s Financial Planning business 1825 has shed a "small number" of staff in a senior exec shake up.

Standard Life Aberdeen reported sharp falls in revenue and profits today due to the impact of Coronavirus and Lloyds Banking Group pulling out £25bn of managed funds. 

Standard Life Aberdeen reported adjusted pre-tax profit for 2019 of £584m, down 10% due mainly to lower revenues.

Standard Life Aberdeen’s Financial Planning arm 1825 has completed its largest deal to date with the completion of the takeover of Grant Thornton’s substantial Financial Planning business.