Aberdeen suffers blow as Phoenix Group pulls £20bn of funds
Move comes as chief executive Jason Windsor seeks to revive asset manager after years of outflows
Move comes as chief executive Jason Windsor seeks to revive asset manager after years of outflows

Withdrawals at UK fund manager rose to £3.9bn last year

US private capital giant becomes latest financial institution to suffer from exposure to collapsed UK mortgage lender

New provider Scottish Widows is overhauling its offering

Dispute highlights conflicts that can arise as investment groups sell assets between funds

Move by Energy & Minerals Group to sell stake in Ascent Resources highlights potential conflicts in ‘continuation deals’

Talks with private capital firms have focused on operational hurdles for retail customers