Standard Life has confirmed its strategic review team with big names such as Price Waterhouse Coopers and UBS to support senior executives in its quest to find the best way forward for the mutual insurer.
The review, which will look at a range of factors including the most appropriate capital structure for the company in the future, will be led by Standard's senior executives, with a range of firms providing additional advice.
McKinsey & Company has been appointed to advise on strategy, with Lazard and UBS to act as financial advisers. Clifford Chance will provide legal support, with Watson Wyatt acting as consulting actuaries and Price Waterhouse Coopers advising on taxation and accounting.
Members are expected to be updated on the review at the annual general meeting on April 6, with the review expected to be completed by the summer.