Nearly 100,000 Standard Life investors have been told that a cash fund which many regarded as an ultra-safe alternative to the stockmarket was in reality invested in toxic mortgage debt that has plummeted in value, according to The Guardian .
Standard Life chief executive Sandy Crombie says he is "delighted and very proud" to be knighted in the New Year Honours List.
Standard Life has acquired a 20% stake in adviser firm Bentley Jennison FM (BJFM) as it continues to branch out into the distribution landscape.
The Isle of Man's Chief Minister Tony Brown has welcomed the 'unsurprising' review of Britain's Crown Dependencies and Overseas Territories announced in the Pre-Budget Report.
Chief Minister Tony Brown has welcomed the 'unsurprising' review of Britain's Crown Dependencies and Overseas Territories announced in the Pre-Budget Report.
Protection provider LV= will partner with Standard Life from 1 December 2008.
HM Revenue & Customs has issued new forms for reporting the estates of deceased persons.
A workshop demonstrating to IFAs how technology can be used to save time and reduce administration has been launched.
Friends Provident has poached a second executive from rival insurer Standard Life in under a year, this time snaring its CFO Evelyn Bourke.
Standard Life reported net flows into UK life and pensions products dropped 15% to £1.7bn over the nine months to September 30 2008, as the group tries to weather global economic turbulence.