One of the biggest reasons retirees struggle to survive on their pensions is that they have invested their funds in portfolios that have not beaten pension inflation because they are too conservative.

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The partners include Phoenix, which bought the Standard Life pensions business from the group in 2018. Abrdn recorded £1.1bn net outflows in total last year, compared with £17.6bn in 2023.

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BEIJING (AP) — The Chinese government says it will order pensions and mutual funds to invest more in domestic shares, ensuring gains.

It sold the Standard Life pension operation to Phoenix for £3bn in 2018. Ironically, abrdn has compensated for the loss of funds that institutional clients have withdrawn by capitalising on the ...

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