Standard Life

Standard Life has already seen gains on its share value since entering the FTSE 100 index this morning but elsewhere trading is down as oil stocks are seeing values reverse last week's gains.

Standard Life has set the offer price of its flotation at 230p per share.

Standard Life has added a retirement calculator to its website to help people plan how much they need to save.

The latest consultation on the best way to calculate pension transfer values has been issued by the Government.

THIS MORNING'S papers all mention the criticism aimed at the Chancellor by the head of the Bank of England.

A BIG disappointment looms for 2.4m with-profits policyholders in Standard Life when the company floats on 10 July, the Scotsman claims this morning.

The Financial Services Authority is to get tough on businesses and individuals who break the spirit of the law rather than just the law itself, reports The Daily Telegraph .

Standard Life has reduced its offer price range to between 210p and 270p to reflect "present market conditions".

Barclays has launched an online pension term assurance (PTA) product direct to consumers with a penalty-free conversion option.

The Court of Sessions in Scotland has given its approval for Standard Life to demutualise.