Standard Life Windfalls Announced
Insurer reveals the levels of demutualisation windfalls
18th April 2006
Insurer Standard Life has announced the levels of its windfall payments should its plans to demutualise be approved by the society's members.
Around a half of the mutual's policyholders would get a windfall payment of £1,000 or more, with the remainder being paid between £500 amd £1,000.
Standard Life needs a 75% yes vote to approve its flotation plan, and is sending out information packs to its 2.4m members urging them to vote 'yes' before the deadline of May 28th this year.
Read More: BBC Money: Standard Life reveals windfalls
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Products from Standard Life : Health Insurance |
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