Standard Life agrees to Sterling fund compensation

clock

Standard Life has agreed to compensate around 97,000 customers who lost out when its Pension Sterling Fund fell by 4.8% last month.

The life and pensions firm said it would restore the value of the fund to put each customer back into the position they would have been in before the fall in value. It said the move would result ...

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: Trade finance and tariffs - When down is up and South is North

Partner Insight: Trade finance and tariffs - When down is up and South is North

Federated Hermes
clock 24 October 2025 • 4 min read
Peers join AIC to call on government to include investment companies in Pension Schemes Bill

Peers join AIC to call on government to include investment companies in Pension Schemes Bill

Baronesses Bowles and Altmann join call to amend Bill and correct ‘serious error’

Jonathan Stapleton
clock 20 October 2025 • 2 min read
Nest and IFM partnership makes first UK investments

Nest and IFM partnership makes first UK investments

Assets include £40m to support rural fibre broadband and £45m for energy-from-waste project

Jonathan Stapleton
clock 20 October 2025 • 2 min read
Trustpilot