Standard Life Aberdeen appoints new CEO of Standard Life Savings

Noel Butwell

Mr Butwell’s responsibilities encompass Standard Life’s platforms, advice and savings businesses.

The two main platforms are Wrap and Elevate.

Assets under Administration across both total £57.6 billion and over 3,500 advisers trust the platforms to help them manage the wealth of over 425,000 clients.

Noel Butwell, who will report to Martin Gilbert, vice chairman of Standard Life Aberdeen, said: “I am delighted to have been appointed Chief Executive of Standard Life Savings. I have worked for SLA for 16 years and throughout this time my primary focus has been building enduring relationships with financial advisers as we work together to meet the needs of their clients. Standard Life is at the forefront of helping the UK population achieve their financial goals and through continuing to invest in the business we will build on the excellent propositions, products and services we offer.”

Last week SLA announced that 1825, its wholly owned financial planning and advice business with a number of regional offices across the UK had acquired Grant Thornton’s wealth advisory business significantly accelerating 1825’s ambition of creating a national digital financial planning and advice business in the UK.

The acquisition will increase 1825’s AuA to £5.8 billion.