Keith Skeoch is to step down from the board of Standard Life Aberdeen after five years as group chief executive and fourteen years as a director.

New analysis on the eve of International Women’s Day tomorrow (8 March) has found that of the top 50 mutual funds in the UK just one is run by a woman.

The UK asset management industry has grown to £7.7 trillion to maintain its standing as the second largest asset management centre in the world, according to the latest Investment Association figures.

Financial Planner and wealth manager Harwood Wealth Management has made its second acquisition in a week with the purchase of Fund Management Limited for £1.13 million.