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

Isio completes K3 advisory acquisition

Isio completes K3 advisory acquisition

Acquisition follows approval from the Financial Conduct Authority

Holly Roach
clock 07 February 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

DB surplus extraction plans, £25m buy-in, bulk annuity sustainability collaboration launch

Professional Pensions
clock 07 February 2025 • 1 min read
News Digest: Kensington and Chelsea council to stop paying into staff pensions

News Digest: Kensington and Chelsea council to stop paying into staff pensions

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

Professional Pensions
clock 07 February 2025 • 1 min read
Trustpilot