Standard Life to Ballot Members On Directors' Pay

The ScotsmanMarch 01, 2004

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Summary


STANDARD Life's 2.3 million members are being given the chance to vote against the remuneration of the mutual's boardroom for the first time.

Ballot papers for its annual meeting - on 6 April in Edinburgh - are to be posted on the assurer's website in the next 48 hours, a spokesman said yesterday. In an unprecedented move, the forms will allow members to voice their feelings about the GBP 2.4 million shared by the group's board in 2003.

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Extract


Standard Life to Ballot Members On Directors' Pay

With-profits policyholders have seen their bonuses cut five times in the past two years - t...

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