Over 100,000 former mutual members of Friends Provident now have just two months left to claim their windfall from the demutualisation of the life office in July 2001.
GIVEN THE IMPORTANCE of yesterday's announcement, it is unsurprising the Standard Life demutualisation is dominating the front pages of newspapers and business sections this morning.
Standard Life's decision to put forward the option of demutualisation to its policyholders is being closely watched by Royal London, although the latter maintains the view that its competitor's problems are company specific.
Following the announcement this morning by Standard Life, IFAonline would like to know your views concerning demutualisation of the UK's largest mutual insurer.
Standard Life has just announced it will stage a demutualisation vote in 2006 as the firm believes it IS in the best interests of the company and its policyholders.