Britain's Standard Life Aberdeen cuts dividend as profit falls
Message : Required fields LONDON (Reuters) - Standard Life Aberdeen said on Tuesday it was cutting its dividend after adjusted full-year profits fell 16.6% to 487 million pounds ($674 million) and as the British asset manager reconfigures its global operations with a renewed focus on Asia. It said it would pay a dividend of 14.6 pence per share for 2020, compared to 21.6 pence the previous year. The first full-year results under Chief Executive Stephen Bird set out a new direction after selling its Standard Life brand to insurer Phoenix Group in February. Phoenix bought Standard Life Abe...