Standard Life chiefs pocket £5.3m in 2007

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The four chief executives at Standard Life earned more than £5.3m between them in 2007, the firm reveals today, with top-earning Keith Skeoch alone taking home almost £1.75m.

The company also reveals it paid former director Alison Rees just over £1.1m, as well as £97,500 towards legal fees, in an out of court settlement following claims she made against Standard Life with regards to her exit from the firm in October 2006. Keith Skeoch, who also received a performance-related cash payment of more than £776,000 last year, is joined at the top table by David Nish, Trevor Matthews - currently on gardening leave before a move to Friends Provident - and Sandy Crombie. Elsewhere, former executive director John Hylands, who retired just over a year ago, received £9...

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