No Guarentee of a Windfall Payout

Summary


IF STANDARD Life does demutualise, an option it finally acknowledged publicly yesterday for the first time, what can its policyholders expect in the way of windfall payouts?

Demutualisation works in two ways - either a company comes in and takes over a mutual group or it floats on the stock market. Which is more lucrative for policyholders is a matter of debate?

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Extract


No Guarentee of a Windfall Payout

High-profile takeovers such as Scottish Widows handed out an average of GBP 6,000 to policyholders...

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