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Post by SeanBroseley on Jan 16, 2004 0:13:12 GMT 1
Anyone on here who holds a Standard Life policy may be interested to know that the overwhelming feeling within the life assurer is that it will demutualise.
There have been consistent discrepancies in the past between forecasts and final accounts, and it has raised cash through a bond issue which it DID NOT need to do to meet the new accountancy and solvency standards - although publicly those changes are being touted as the big issue.
But a big fat windfall will distract people from the longer-term issues.
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Post by welshshrew5 on Jan 16, 2004 10:39:22 GMT 1
About a quarter as big and fat as it may have been had they de-mutualised a couple of years back I think?
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