Standard Life Calls Members to Action
Around a third of potential windfall beneficiaries haven't confirmed their details with the insurer
24th April 2006
Insurer Standard Life has called on its members to ensure they have validated their membership of the mutual society as part of the process towards demutualisation.
The group has said that around a third of its members who hold eligible policies haven't got in touch, and although this doesn't mean they will miss out on any windfall, it means that their shares won't hold any guaranteed price when they do come to claim them.
Members can validate their details simply by taking part in May's flotation vote, which will result in their windfalls automatically being triggered if demutualisation goes ahead.
Read More: Money Guardian : Standard Life members fail to make contact
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Products from Standard Life : Health Insurance |
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