At the general meeting on 25 June 2018, Standard Life Aberdeen plc shareholders approved the sale of Standard Life Aberdeen’s UK and European insurance business to the Phoenix Group, as part of our enhanced strategic partnership with the Phoenix Group. The transaction is subject to regulatory approval and we will be working closely with the Phoenix Group to finalise it. We expect it to complete in the third quarter of 2018.
The Standard Life brand is almost 200 years old and is one of the most recognised in the UK long-term savings industry. It has a strong reputation built on high levels of service.
The strategic partnership is committed to ensuring that the service you receive remains unchanged. You don’t need to do anything and there will be no changes to the savings products you have with us, and the supporting services you receive from us. Once the sale completes you will still call Standard Life when you need help.