UK - The UK's Financial Services Authority has welcomed steps taken by Standard Life to strengthen its capital position which include examining flotation, a reversal of its policy four years ago when it rejected an attempt to force it to float by carpetbagger Fred Woollard.
The Scottish mutual also announced the appointment of Sandy Crombie (pictured) as group chief executive, replacing Iain Lumsden who retires after 36 years’ service. Crombie has been chief executive...
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
