Standard Life flotation - your views

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 bough...