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Standard English

Standard Life group chief executive Sandy Crombie managed to stick his size 10s in his mouth several times at the firm’s post-AGM press conference last week.

He was heckled by one journalist who took offence to Crombie say- ing that Standard’s 13.5-month 2004 financial year was a “a bit Irish”.

Chairman Sir Brian Stewart chided him for being “racist” but, unabashed, Crombie gave us his best Bernard Manning impression, saying of the new reporting regime: “Twin peaks is not Madonna laid on her back.”

Maybe it’s Jordan, eh, or maybe, as one City reporter observed, Crombie should choose his words more tactfully when the insurer floats.


Gang of four

The ball really is rolling on trust taxation reform. This, combined with the relatively new changes driven by the Trustee Act 2000, makes trustee investment a very interesting area for advisers to be engaged in if they have relationships with the professionals who are the gatekeepers to trustee investment business – solicitors and accountants.

Roar with the Lions

Your chance to win fantastic sporting trips every month in a superb promotion being run by First Active

BDO report shows fall in business optimism

Business optimism has fallen for the first time in a year according to the latest BDO Stoy Hayward business trends report.The report says the UK economy faces potential pressures from the housing market, consumer slowdown and election uncertainty The report also suggests interests rates will be kept on hold when the Bank of England’s Monetary […]

Trusts and Taxations

Take a look at the trusts and trustee taxation video – The definition and classification of trusts. Once you’ve viewed the boxset, visit our Test Centre to test your learning and get your CPD certificate. View here


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