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Standard Life Demutualising?

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Old 31 March 2004, 05:26 PM
  #1  
Jye
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Default Standard Life Demutualising?

So I heard. Good, bad?
Old 01 April 2004, 10:19 PM
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fast bloke
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Good for me - I have a crappy pension with them and will get a couple of grand out of it. It will also make them more responsible to the people who have an interest in their performance. If they had demutualised in 2001 each member would have got between 6 and 10 k, but the half a dozen peeps at the top thought that was a bad idea
Old 02 April 2004, 07:05 AM
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Tiggs
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its bad but unavoidabe
Old 02 April 2004, 08:13 AM
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Chris L
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I wouldn't count your chickens just yet. I reckon they will be pretty cautious on their market valuation and therefore the payouts to policyholders are likely to lower than anticipated. As Tiggs says, it is probably unavoidable. I wouldn't go spending the windfall just yet.

Chris
Old 02 April 2004, 06:10 PM
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FASTER MIKE!!
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its been on the cards for a whille
think i read that the payouts would only be about £500-£1000

mike
Old 02 April 2004, 06:20 PM
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Miles
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Hmm, got a pension and a mortage with them
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