Stan Life £100m Sterling payment 'may not be enough'

Despite welcoming the news and insisting Standard Life has done the right thing by their customers, senior pensions analyst Callaghan says the £100m payment is still not going to draw a line under the matter with advisers continuing to question the fund's poor performance prior to the revaluation. "If you look at the funds performance in the preceding months, it was falling away before this 5% cut was taken," he says. Callaghan says if the company accepted the rationale for needing to compensate for the 4.8% loss announced on January 14, he doesn't understand why they will not compens...