Standard Life victims take legal advice

clock

Trustees of schemes hit by the drop in value of Standard Life's Pension Sterling Fund have approached their legal advisers after member complaints.

Around 97,000 investors were affected when the life and pensions firm wrote off 5% of the £2.4bn fund - around £100m - due to investments in asset backed securities. Sacker & Partners partner Kat...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

Partner Insight: Blunt questions, bold results - Turning a pension deficit into surplus

A partnership with SEI helped the Joy Global pension scheme turn a stubborn deficit into a surplus and paved the way for a buy-out. The key, says Trustee Jim Parker, was frank communication.

SEI
clock 12 November 2025 • 5 min read
Dan Mikulskis: Making the UK a global innovator in retirement products

Dan Mikulskis: Making the UK a global innovator in retirement products

Charlotte Moore speaks to the People’s Partnership CIO about investing for income

Charlotte Moore
clock 11 November 2025 • 8 min read
Business leaders call on chancellor to force schemes to invest more in UK

Business leaders call on chancellor to force schemes to invest more in UK

Call for DC schemes to adopt a ‘UK-weighted’ fund as their default arrangement

Jonathan Stapleton
clock 07 November 2025 • 3 min read
Trustpilot