Standard Life chief Crombie called in to police Royal Bank - Scotsman.com#4051771#4051771#4051771: "ONE of Scotland's most respected businessmen will today be appointed to police the activities of Royal Bank of Scotland, as the company seeks to distance itself further from the troubled Goodwin era"
This is the man who's firm refuses to compensate policyholders for misleading them over a seven (yes 7) year period between 1988 and 1995.
Why? Because the firm claims it was "legal", well it may have been legal in the strictest sense but was it moral? Particularly when Standard Life was also a major player at the regulator it blames, LAUTRO.
The Financial Services Authority is defending the "human rights" (seriously folks) of these life offices tooth and nail, the first thing the FSA legal bod said to the High Court judge recently was that it would not end with that judge finding in favour of the Information Tribunal which did find in favour of the Information Commissioner who agreed with my complaint which started at 10 am on 01/01/2005, the very first day the Freedom of Information Act gave us the chance to find out what these people had been up to. All these years later we are still struggling to obtain justice for IFAs and their clients.
One day it will be out, unfortunately it will be too late for many .
Evan Owen
The IFA Defence Union
http://www.ifadu.co.uk/
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