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

Trustee calls for moratorium on TCFD and implementation statements for schemes

Trustee calls for moratorium on TCFD and implementation statements for schemes

‘Box ticking exercises’ diverting resources from more impactful initiatives

Professional Pensions
clock 26 September 2025 • 2 min read
Bobby Riddaway: A silver bullet for private investment and climate action

Bobby Riddaway: A silver bullet for private investment and climate action

Bobby Riddaway says we need new partnerships, better education, and a shift in mindset across the industry

Bobby Riddaway
clock 26 September 2025 • 5 min read
DC schemes should have UK equity allocations of 25%, think-tank says

DC schemes should have UK equity allocations of 25%, think-tank says

Move would reverse ‘stark decline’ in UK equity weightings over the past decade

Jonathan Stapleton
clock 26 September 2025 • 3 min read
Trustpilot