Standard Life wins £100m claim against PI insurers over sterling fund

clock

Standard Life has successfully sued its professional indemnity insurers for about £100m to recover losses related to its Pension Sterling Fund.

The judgment was handed down today by the Commercial Court in London against the insurers of the 2008/09 policy on the fund. In a stock exchange update, the company said the insurers have been g...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK savers 'highly cautious' with most favouring stability over high returns

UK savers 'highly cautious' with most favouring stability over high returns

Research reveals just 8% of savers are willing to invest in high-risk assets

Holly Roach
clock 16 April 2025 • 1 min read
XPS reports third consecutive year of double-digit growth

XPS reports third consecutive year of double-digit growth

Group says revenue rose 18% in the year ended 31 March

Jonathan Stapleton
clock 16 April 2025 • 2 min read
News Digest: Private equity pauses deals to triage investments

News Digest: Private equity pauses deals to triage investments

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 16 April 2025 • 1 min read
Trustpilot