Standard Life to face demutualisation call on July 15th

Standard Life policyholder David Stonebanks is rallying support to present demutualisation calls to the mutual life insurer on July 15th because, he argues, with-profits policies are already treated like "shareholders" but without all of the benefits. A campaign was started on the internet recently by Stonebanks through www.sldm.org.uk to gather the 2,000 signatures needed to try and put forward a call for a Special General Meeting on the issue. That said, no presentation could be made under Standard Life's own rules at least July 2003 because it ruled at the last demutualisation ...