| Standard Life policyholders [message #378178] |
Mo, 10 April 2006 12:12 |
|
The long wait is over, and just after Easter, Standard Life policyholders
should receive their demutualization voting pack, and with it, some idea of
what's available, by way of a share out!
Anyone thinking of surrendering or selling their policy should at least wait
until the details are known.
|
|
|
| Re: Standard Life policyholders [message #378215 ] |
Mo, 10 April 2006 15:19 |
|
Derek Way wrote:
> The long wait is over, and just after Easter, Standard Life
> policyholders should receive their demutualization voting pack, and
> with it, some idea of what's available, by way of a share out!
>
> Anyone thinking of surrendering or selling their policy should at
> least wait until the details are known.
>
I bought my endowment back in 1989. I remember asking the question 'what
will happen if this doesn't mature to the full amount' and being told,
'don't worry about that, every bank and building society will be bust if
that happens'. With my Standard Life endowment now worth less than half
what it was promised to deliver, I don't see many insolvent banks about. I
am certainly hoping that demutualisation can allow me to recoup some of the
losses. At the rate it's going at the moment, I'd have been better off it I
had paid £35 per month into a building society account for 25 years.
|
|
|
| Re: Standard Life policyholders [message #380027 ] |
Mi, 12 April 2006 21:25 |
|
At the rate it's going at the moment, I'd have been better off it I
had paid =A335 per month into a building society account for 25 years.
If only the idiots had demutualised a few years ago we'd all have been
a bit better
off.
I'll be getting rid of my low-cost endowment as soon as I've got the
shares.
I think the reversionary bonus rate this year was 0.5%.
|
|
|
