Standard Life

Standard Life has been fined £2.45m by the Financial Services Authority for serious failures relating to its Pension Sterling Fund.

UK - Standard Life has been fined £2.45m (US$4.1m) by the Financial Services Authority for serious failures relating to its Pension Sterling Fund.

Standard Life has announced the new structure of its executive team after David Nish took over as chief executive at the life and pensions firm on January 1.

Tom Selby says the UK will have a governance crisis unless defined contribution schemes up their game

Pension transfer times significantly fell during the first three quarters of the year due to the Options initiative, data from the Association of British Insurers reveals.

Companies should adopt proactive policies to keep employees in work for longer, as increasing longevity places pressure on schemes, delegates heard.

Each month DC World asks readers for their views. This month we ask: should DC schemes focus on asset allocation rather than searching for skilled active managers?

New UK life and pensions business at Standard Life has fallen 23% for the first nine months of 2009, compared to the same period last year.

Early auto-enrolment could increase pension pots by as much as 15% and help employers, industry figures say.

David Nish has been named as Standard Life's new group chief executive and will take over the post from Sandy Crombie on January 1.