Standard Life rebel tells members to back the Board

Details of the AGM voting pack and summary financial statement reveal there are still two independent candidates standing for election onto the Standard Life board of directors ahead of next year’s demutualisation vote – Michael Hogan and David Stonebanks. But in a surprising written address to members, Stonebanks has asked policyholders to “back those recommended by the board” as he believes the knowledge and experience now offered by the proposed board members is “far too valuable to be tossed aside at this time by amateurs”. This is despite his earlier campaign to get onto the boar...