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Standard life cuts payouts,raises exit penalties
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EdInvestor
Posts: 15,749 Forumite
http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=319124&re=4051&ea=156896
Endowment folk not as badly hit as others.
Endowment folk not as badly hit as others.
Trying to keep it simple...
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That's quite worrying. SL normally cut policies in August and February.
Shares rose 13% to £2 today - less than the initial float price but up regardless.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
Gorgeous_George wrote: »That's quite worrying. SL normally cut policies in August and February.
It's ingrained in Std life ex and current policyholders now.Whenever there's an announcement, it has to be a cut.
Still,those who pay attention do reap a reward. GG made the right decision at the right time for one
Trying to keep it simple...0
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