On October 9, 2025, Lloyds Banking Group announced its full acquisition of Schroders Personal Wealth, gaining complete control of the business previously held as a joint venture, which manages approximately £17 billion in assets for about 60,000 clients. This strategic move, involving a share exchange rather than cash, aims to enhance Lloyds' wealth management services and is not expected to significantly impact the Group’s financial guidance for 2025.