Summary
Bonuses to be declared this year to Standard Life's 2.6 million with-profit policyholders hung in the balance yesterday as the mutually-owned Scottish life company debated with the Financial Services Authority the interpretation of new rules to measure financial strength.
The FSA confirmed yesterday that it was talking to Standard Life 'about the calculation of its realistic balance sheet' for the purposes of the company's results for its year to mid-November.See the full content of this document
Extract
Standard Denies Bonus Problems
'The new realistic reporting regime is a fundamental plank of our reform...
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