Standard Life Boss Declines Pounds 500k in Annual Bonuses

Daily Post › January 05, 2005

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Summary

THE boss of life insurer Standard Life is giving up bonuses of more than pounds 500, 000 as a gesture to disgruntled policyholders.

Chief executive Sandy Crombie has declined to accept the annual payments, which comprised a bonus and rewards accrued under a long term incentive scheme.

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Extract

Standard Life Boss Declines Pounds 500k in Annual Bonuses

He made his decision after Europe's bigge...

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