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Aberdeen scraps Standard Life name


The identity “marks the next stage in the reshaping of the business and future-focused growth strategy”.
The company is focused on three areas of growth: global asset management, technology platforms for UK financial advisers and their customers, and UK savings and wealth.
‘Unity across the business’
Stephen Bird, chief executive of Abrdn, said: “Our new brand Abrdn builds on our heritage and is modern, dynamic and, most importantly, engaging for all of our client and customer channels.
“It is a highly-differentiated brand that will create unity across the business, replacing five different brand names that have each been operating independently. ....

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What does the future hold for vertical integration?


What does the future hold for vertical integration?
Providers running in-house advice arms, platforms and model portfolios seem to have found a formula for success. But are their clients getting the short end of the stick?
By
Daniela Esnerova
16
As the distribution landscape has shifted since the RDR, so have product providers’ business models.
In a world where commissions suddenly weren’t the only way to get your product to market, many came up with a solution: take ownership of the distribution chain by running your own platform, advice firm, funds and discretionary models.
Proponents of vertically integrated systems such as these argue they allow groups to achieve efficiencies and pass the savings on to the end client. There has indeed been huge asset growth on the part of these companies, which their adherents suggest is evidence that a one-stop-shop model is an appealing one. ....

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