Standard Life Aberdeen CEO Says Lloyds Decision 'Not a Total Surprise'

The transcript discusses the impact of a business decision on earnings, noting that while it affects less than 5% of revenues, it has led to a 7.3% drop in share price. The relationship with Scottish Widows is described as fraught due to competition concerns. Despite this, the merger of two companies is seen as successful, and the business remains strong. The company is proud of its track record and plans to continue managing funds effectively.

What does the speaker say about the merger of the two companies?

What is the speaker's outlook on managing the money for the next year?