Only active policies to get Standard Life windfall? - papers 27th June

When the firm announced it was looking at demutualisation, officials pointed out it had yet to decide which policyholders would receive a payout because there would of course be individuals whose policies had matured ahead of the stockmarket listing. Between 150,000 and 180,000 with-profits policies will have matured during the two-year gestation period but many of these could be left completely out of the calculations, says the Scotsman. Stirring the issue up again, one “disgruntled member” from Inverness, has told The Scotsman: "I'm one of those unfortunate people whose policy matur...