Standard Life Aberdeen Share Discussion Threads

[tornado12] 23/3/2019 09:09

These situation open up opportunities and for sure with medium term approach they will reap benefits. However, I’m maxed out in SLA and looking at other options. I’m keen on LGEN and Aviva at the mo

[retsius] 22/3/2019 16:15

Cyberian! You spoke too soon, uninvestable atmosphere at the moment with the Brexit debacle hanging over investors heads.
Cameron should be taken out and......

[cyberian] 22/3/2019 14:23

Wow!! 261p less the 14.3p divi which goes XD on 11th April provides a net price of 246.7p if you want to look at an entry for an improved outlook for SLA under a new direction. There has been some much more positive news over last week or so, and the floor may have been seen with reasonable upside...the China JV announced yesterday was very positive.
Not a good day....

[eeza] 21/3/2019 17:56

Corner turned once the CEO position was sorted. Instead of trying to outdo each other they will now be focused on proving themselves to be the best in their new roles. Expecting to start seeing improvements in retention's /new business from now on.

[ygor705] 21/3/2019 17:48

Chart beginning to look more bullish. Are we gathering strength for a push towards 300p?

[timmy11] 21/3/2019 12:00

Heng An Standard Life (HASL) has been given permission to open a pensions insurance business in China.
The firm, which is a joint venture between Standard Life Aberdeen and Chinese investment business Tianjin Teda International, is the ninth company to receive approval to set up a pensions insurance company.

According to Standard Life, it is also the first joint venture business to receive such permission in China.

“To be granted this approval is no small achievement,” said Gerry Grimstone, chairman of HASL.

The firm is eyeing long-term policies, including tax-incentivised savings, to support the transition.

Seismic shift in long-term savings
“As the pensions market in China looks set to go through fundamental reform to meet the challenges of an ageing population, Heng An Standard Life is exceptionally well positioned to support pension savers in this important market,” said Keith Skeoch, chief executive of Standard Life Aberdeen.

In fact, according to the firm, there are over 250 million people expected to hit age 60 by 2020. As a result, the Chinese long-term savings system is expected to shift from a predominantly state pension provision to a focus on occupational and individual savings.

“Through our long-term relationship with Tianjin Teda International; we have the infrastructure, distribution and local knowledge to develop our important strategic partnership in the world’s second largest economy,” Skeoch added.

HASL was created in 2003 and offers health, life and savings products in China and has been eager to roll out a pensions insurance product.

TAGS: ABERDEEN STANDARD LIFE | CHINA | HENG

[tornado12] 20/3/2019 18:38

That shower of bumbling babble need sacking. A bunch of useless morons the whole lot of em. Still come 8th April if shares are on the floor it’s ISA topup time.

[eeza] 20/3/2019 17:21

Today's action all down to the 'B' word.

[chinese investor] 20/3/2019 14:50

Seven days of rises coming to an end ?

[rathlindri] 20/3/2019 13:21

Disappointing so far today

[cyberian] 20/3/2019 08:30

Interesting that the number of shares bought back yesterday dropped substantially from normal levels..I think that is a positive, hopefully. On second review I see that the level of purchases was even lower on Friday, so just maybe the company has instructed their buying party to hold back against the recent share price rise, and other changes recently announced by the company. With the shares going XD in mid-April at 14.3p one is looking at a net price of about 256p which given the somewhat more positive outlook for the company going forward is a big plus imho. As for the recent Mitsubishi sell at 235p one has to remember that these big Institutions make a strategic decision to sell, and that is that...so not really a concern....decisions are made and executed regardless of any background noise.

[chinese investor] 20/3/2019 07:25

"It has felt at times as if little has gone right for Standard Life and Aberdeen Asset Management since they announced in March 2017 that they were merging."

[dr biotech] 20/3/2019 07:00

Bit more on yesterday’s news

hxxps://news.sky.com/story/lloyds-faces-300m-bill-after-losing-100bn-contract-fight-11670369

[lippy4] 19/3/2019 16:59

not related to bercow are you??

[ramellous] 19/3/2019 16:39

The ayes have it, the ayes have it.. UNLOCK..
You really are a most excitable gentleman..

[latics2] 19/3/2019 16:25

ORDER ORDER !!

[saltaire111] 19/3/2019 15:56

Chinese, is that a proposal we need to vote on? DIVISION! Clear the lobbies.

[chinese investor] 19/3/2019 15:02

I will MODERATE any discussion on BREXIT from tomorrow !

[eeza] 19/3/2019 14:57

SLA is not immune to the Brexit shenanigans, or to the level of political (in)competence. It all has a bearing on the share price of SLA.

[spud] 19/3/2019 13:02

Brexit yawn, Brexit bigger yawn, oh and yet more Brexit discussion on a SLA (clue it's a Stock thread chaps) biggest yawn...spud (yawn)

[dr biotech] 19/3/2019 12:56

Thanks Edmund. I try and keep things civil.

The Japan comment was aimed at Warranty, who said it was to blame for the loss of Honda etc.

A key economist for Brexit is Patrick Minford, who has advocated for the running down of UK manufacturing. You can just google it or see a typical example here. FWIW I have no idea whether walesonline in pro or anti Brexit

hxxps://www.walesonline.co.uk/news/politics/devastating-future-welsh-manufacturing-predicted-15323164

But if we are going to sign free trade deals with the non-EU world then we are not going to be able to compete with goods manufactured in the sweatshops of India/China.

I've read a few times that the EU is on the verge of recession/collapse etc. To me being outside the CU will just make it worse all round. As mentioned previously UK Plc is currently doing alright, and thats while we are in.

Anyway thats it for me on brexit for a while. I have to spend the next three days trying to create a validation process for a pharma lab which somewhat involved.