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• Keith Skeoch, chief executive of Standard Life
Investments received just under £2m, including
bonuses of £1.5m, and
• Trevor Matthews, the Australian UK retail chief,
received £1.3m in 2006.

In 2007 UNITE, Britain's biggest trade union, stated that it was
seeking legal recognition among Standard’s workforce after railing
against changes to the company's final-salary pension scheme
and job cuts. Crombie, whilst recognising that there should be
individual choice for each member of staff, said that he preferred
the welfare of employees to be overseen by the existing staff
associations.

On Tuesday, 29 January, 2008, Trevor Matthews the head of
Standard Life's Life and Pensions Division and perceived by the
press to be heir apparent to Crombie, shocked the insurance
industry when he announced his resignation from Standard Life to
take up a new post as Chief Executive of Friends Provident just
two days before the expected announcement of the break-up of
that group.

Although Matthews had been hotly tipped in the press to succeed
Sandy Crombie as Group Chief Executive, it was reported that he
had been told he was no longer in the running.

Crombie announced that he would lead the company's UK
financial services until Matthews was replaced whilst pointing out
that:

“The fundamental drivers of success in the UK were in
position before Trevor arrived and are still in position
now that he has gone.”

“I had personal control of this business in the early part
of 2004, the product lines were all there or in the final
stages of development.”

In addition, he commented later that:

“I have no plans to retire.”