Standard Life sees off 'rebel' bid for place on board - papers 27th April

clock

THE ELECTION of the new board at Standard Life features in a couple of this morning's papers.

The Scotsman reports ‘rebel’ Standard Life member Michael Hogan as saying he wants to make another move to win a seat on the board next year, after being "staggered" by support for his bid this time round. Hogan pulled in almost 67,000 votes against an average 206,500 among the current board. However, the Scotsman reports him as saying that fellow policyholders were "thrilled" with the result, which he believes demonstrates a groundswell of dissatisfaction with those re-elected. Some 240,000 of the group’s 2.5 million members voted - 18 per cent up on last year and a record at any Sta...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •