Standard Life has agreed to compensate around 97,000 customers who lost out when its Pension Sterling Fund fell by 4.8% last month.
The life and pensions firm said it would restore the value of the fund to put each customer back into the position they would have been in before the fall in value. It said the move would result ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
