UK parliament questions LV= chairman role in demutualisation
Clients ‘are entitled to know’ if he ‘benefited from the sale to Bain Capital’
Clients ‘are entitled to know’ if he ‘benefited from the sale to Bain Capital’
After M&A talks with a US equity firm fell through
After investigation revealed millionaires given fast-track to obtaining passports
It was placed in liquidation last year
As much as 20% could be recovered on their dividends and interest payments
They will be made available to retail investors in the region
Advisers could play a key role in ensuring relevant clients are identified
Investigation reveals millionaires were given passports despite not meeting the conditions
Portfolios will be made up of funds that exclude exposure to ‘controversial sectors’
Standard Life Aberdeen says 66% of retirees will run out of money
Jeremy Woodley will become chairman
Firm ‘pleased’ with shareholder feedback and market reaction to sale of international arm