Thursday 27 February 2014

[RSS] RSSMix.com Mix ID 3821775 / Standard Life quit plan sparks row

Standard Life quit plan sparks row

Standard Life is the first significant Scottish business to warn that remaining in Scotland may be untenable in the event of a vote for independence.

Its intervention in the debate on Scotland's future is particularly significant because it is a symbolically important company in Scottish financial history and is regarded as a great success.

Standard Life is the UK's biggest provider of defined contribution pensions and self-invested pension plans, and has around £240bn of assets under management.

Chief executive David Nish insisted Standard Life has "a long-standing policy of strict political neutrality and at no time will we advise people on how they should vote".

However, he said his strict duty was to assess the impact of independence on the group's four million UK customers, its 5,000 Scottish-based employees and its 1.5 million shareholders.

IFTTT

Put the internet to work for you.

via Personal Recipe 6071880