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Original poster

Standard Life shares anyone?

29 replies

ssd · 21/06/2006 18:35

We are due a small windfall and don't know whether to take the cash or the shares.

Anyone got any advice, I know I should find a financial consultant but haven't got the money for one, this is the only money we'll have when we get it!!

OP posts:
Ladymuck · 15/08/2006 09:14

Standard life has demutualised, and so those people who were members of standard life at the an appropriate date are entitled to shares in the public company. Of course onece you have shares you are entitled to sell them, hence reference to cash.

glorybee · 15/08/2006 09:45

When you say members do you mean they have specifically bought a product like life insurance or something or have a bank account with them?

Ladymuck · 15/08/2006 09:58

Yes - typically they will have some sort of "with profits" type of investment (eg pension, endowment, life insurance).

glorybee · 15/08/2006 10:05

So having a bank account with lloyds and a mortgage with C&G wouldn't count then! How can I know if a company I am financially linked with will pay out one day? Why don't I know this already?

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