Standard Life

Policyholders threatening to hold directors to ransom by not voting for resolution 12 - the Report of the Remuneration Committee on Directors' Remuneration - at today's annual meeting were disappointed by a narrow margin as 57% of members voted in favour....

Standard Life has started its annual meeting, which offers members the first chance to personally grill directors about the ongoing strategic review and plans to demutualise the company by 2006.

BATTLE LINES could be drawn between Standard Life's board of directors and policyholders from next week if customers vote against the boardroom pay, says this morning's Scotsman, as the board does not regard the vote as "binding".

GIVEN THE IMPORTANCE of yesterday's announcement, it is unsurprising the Standard Life demutualisation is dominating the front pages of newspapers and business sections this morning.

Standard Life's decision to put forward the option of demutualisation to its policyholders is being closely watched by Royal London, although the latter maintains the view its competitor's problems are company specific.

Standard Life's decision to put forward the option of demutualisation to its policyholders is being closely watched by Royal London, although the latter maintains the view that its competitor's problems are company specific.

Following the announcement this morning by Standard Life, IFAonline would like to know your views concerning demutualisation of the UK's largest mutual insurer.

Standard Life has just announced it will stage a demutualisation vote in 2006 as the firm believes it IS in the best interests of the company and its policyholders.

Standard Life has just confirmed it is cutting up to 360 jobs from its direct sales force and will cut the number of sales centres to 11 from 21.

STANDARD LIFE IS cutting about 100 Edinburgh-based jobs linked to its direct sales force, even as it pays out big bonuses and awards pay rises to senior executives, writes The Scotsman.