Directors pressured at Standard Life AGM - papers 23rd April

Professional Adviser
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It wasn't on the official press release sent out last night, but members and policyholders of Standa...

It wasn't on the official press release sent out last night, but members and policyholders of Standard Life gave the board a hard time yesterday about the award of six-figure bonuses to its top executives, says the FT. During that two-hour AGM, members apparently questioned directors abut the company's corporate governance, financial position and strategy but execs were forced to justify why they shared in a £2bn bonus scheme at the same time as equity markets were falling and policyholders faced a cut in payouts. A new voice in the Standard Life saga is Stephen Hartson, who, call...

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