IFAonline wants your views on the proposed flotation of Standard Life.
The proposed Standard Life demutualisation is the latest in a fairly long list of similar proposals which have taken place in recent years.
Norwich Union, Friends Provident, Clerical Medical and Scottish Widows have all demutualised during the past decade.
Past demutualisations have seen mutuals bought by another group, often a large bank.
In 2000 Lloyds TSB bought Scottish Widows, triggering windfalls averaging £6,000 for with-profits customers, although some received payouts of more than £100,000.
Meanwhile Clerical Medical was bought by Halifax in 1997, while the Prudential bought Scottish Amicable in 1997 and Abbey National bought Scottish Mutual in 1992 and Scottish Provident in 2001.
IFAonline would like to hear what its readers think of the deal on offer.
Is it a good deal? What factors might influence the decision of Standard Life members to accept or reject the offer on the table? Will demutualisation make any difference to the service Standard Life offers or its position in the market? Will today’s revelations about Standard Life’s financial position in 2004 be a factor when members come to decide whether to accept the deal or not?
If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Matthew West on 020 7484 9893 or email [email protected].IFAonline
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