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

Standard Life Aberdeen chief executive Keith Skeoch has been appointed chair of the Investment Association’s board.

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.

Standard Life Aberdeen’s is set to introduce a new parent leave policy from 1 January, which will give all parents 52 weeks leave with 40 weeks paid in full, regardless of gender.