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Aberdeen Group has appointed Ernst and Young (EY) as its external auditor from the financial year ending 31 December 2027, subject to shareholder approval at its 2027 annual general meeting.
The decision follows a competitive tender process led by the audit committee and conducted in line with the Financial Reporting Council’s minimum standard.
The company stated that both large and challenger firms were considered.
KPMG will continue as auditor until the end of 2026, marking 10 years in the role.
In line with applicable UK legislation the group tenders its audit services at least every 10 years and rotates at least every 20 years.
Aberdeen said: “The board and the audit committee would like to express their sincere appreciation to KPMG for their continued service.”
