Standard Life windfall news

bj-sailaway

Ted_Hutchinson wrote:

Same happened with me. I got mine today but when I phoned on Saturday they said some people might not receive their packs until the end of the week.

Thank you, it was actually on the doormat when I got home. However, hubby has 2 policies, a pension and a mortgage. He should have been allocated as one member, but, they have spelt his name de V... on one and Dev... on the other, so he has two packs with 2 allocations.

Does anyone know if this makes any difference to what he would have been allocated? Thanks guys, from a total non-policy intellect!

happy_with_my_lot!!

New to all this but have been following this site avidly for the past few days. Couldn't see too many relating to my situation and was starting to panic! Just received my pack- at long last. Very pleased with my allocation of 2459 shares -personal pension taken out Nov 91 with lump sum payment of approx £16,600 transferred from my previous employers (non-contributory) pension scheme- fund value in March 04 was about 46K. How does this fit in with previous calculations?

tarquincat

Obviously any money is better than nothing.

430 shares for a with profits from Feb 1994 £71 per week, £50,400 (with the obvious shortfall warning).

I think I really should have killed the policy last year, I have continues to pay in for this, when my policy achieves 2% per year, and I could be paying it off my mortgage instead.

The calculation seems to give much more credance to the age of the policy, rather than how much you are paying in.

One example below:

Aug/sept '88 - £45k endow, £55/month - approx £11,500 paid in - 821 shares

My one :

Feb '94 - £50k endow, £71/month - approx £10,500 paid in - 430 shares

A huge difference for similar investment amounts

headcovers

larry_lurex wrote:

i hope you won't get anything either so i'm not alone.

joke, i don't.

the brochure says that 'you're not eligible if you have stopped paying your premiums'. if you are affected as well we could start a two man riot until they cave in and buy a pint, though.

I realise that this statement was made quite some pages ago, but I just wanted to state that I stopped paying into my Standard Life pension in 1992 when I joined the Civil Service and despite this I have just received my statement and I have been allocated 1083 shares.

I was really depressed when I read the quoted statement a few days ago, so the surprise is even more pleasant.

Woo Hoo! :j

ReportInvestor

john.xs wrote:

if i vote no to demutualisation what if anything would i as an average joe gain?

Rearrange the words

IN FOOT MYSELF SHOOT THE

tripnip

An opportunity to test your formula!!:

What allocation did I get for:

£10/mth 15 year endowment started Jul 1996
£25/mth 25 year endowment started Mar 1997
£20/mth 37 year endowment started Jun 1998
£50/mth 25 year Homeplan started Dec 2001
£25/mth stakeholder pension started Dec 2001

?

ReportInvestor

Are you a Standard Life groupie, tripnip ?

Or a journalist, desperate to improve on Fleet Street's pathetically inadequate information compared to MSE :rotfl: ?

If the former, you have my sympathies & I shall reply in due course.

PM me if I'm being harsh .

tripnip

ReportInvestor wrote:

Are you a Standard Life groupie, tripnip ?

Or a journalist, desperate to improve on Fleet Street's pathetically inadequate information compared to MSE :rotfl: ?

If the former, you have my sympathies & I shall reply in due course.

PM me if I'm being harsh .

A Standard Life member who mistakenly believed the company was a good home for my money but who voted the sensible way the first time round!

Also not impressed that Standard Life gave the Daily Telegraph indicative windfall values and not its own members in its proposal document. I expect twins sold identical policies on the same day aren't getting the same allocation!

ReportInvestor

tripnip wrote:

A Standard Life member....who voted the sensible way the first time round!

Which way was that?

tripnip

For a plc with £10 billion spare!