Summary
Standard Life may be under new leadership in the shape of the smooth-talking and dapper Sandy Crombie, but don't be fooled by appearances.
As this financial monster - I mean the company - edges nervously closer to demutualisation, it is worryingly reverting to type. The refreshing period of glasnost under Crombie is over. Standard Life wants to go back behind its own version of the Berlin Wall and return to its bad autocratic, undemocratic and unaccountable ways. As Richard Dyson reports on Page 13, senior management is ready to use its vast book of dirty tricks to stop three independent candidates getting on to the board at the annual meeting in April, thereby upsetting the Standard Life applecart. Michael Hogan, Paul Braithwaite and David Stonebanks are standing as independents because they want policyholders to have a true voice in the run-up to conversion next year.See the full content of this document
Extract
Arrogant Monster Sinks Back to Its Lowest Standards
The three are longstanding Standard Life customers. They are intelligent, sometimes abrasive, and always vociferous.
They say they have the interests of policyholders at heart. Such talents cannot n...See the full content of this document
Sponsored links
