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Standard life: windfall who would get this?

I have a pension through Standard Life and i read that there is a windfall for shareholders. How does one know whether one is shareholder or not? does having a pension with them count as a shareholder. Sorry if it is a silly question but i have found in the past that with companies such as Coventry bank they seem to get me to be involved in voting for directors etc when all is a savings account with them! If we cant get anything then maybe this would help others apparently there are quite a few people still to claim their windfall and i think it is about £1700. hope helps someone here!

Comments

  • dunstonh
    dunstonh Posts: 121,241 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Its a windfall for members, not shareholders. SL have no shareholders yet.

    If you are invested in the with profits fund (not including Millenium WP fund IIRC), then you are a member. If you are invested in unit linked funds, then you are not a member. If you are in unit linked funds, then dont feel to upset as you have probably made more in returns than those in the with profits funds anyway, even with their likely payout.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    dunstonh wrote:
    If you are invested in the with profits fund (not including Millenium WP fund IIRC)


    Investors in the (stakeholder) Millenium WP fund are usually members and eligible for a windfall. :)
    Trying to keep it simple...;)
  • dunstonh
    dunstonh Posts: 121,241 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I couldnt remember if the millenium one had the waiver of demutualisation benefit on it or not. Hence the IIRC.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Oh I see. The waiver got dropped of course, as usual - they always do it to bring in the vote :D
    Trying to keep it simple...;)
  • nuttywoman
    nuttywoman Posts: 2,203 Forumite
    1,000 Posts Combo Breaker
    Hubby has a pension with them as well, and he`s got a letter telling him he`ll be getting so many shares.
    val
  • bootman
    bootman Posts: 1,985 Forumite
    I've been Money Tipped!
    My husbands pension does not qualify, It was a group personal pension:rolleyes:
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    bootman wrote:
    My husbands pension does not qualify, It was a group personal pension:rolleyes:

    Presumably it was not invested in the With profits fund.
    Trying to keep it simple...;)
  • searcher30
    searcher30 Posts: 356 Forumite
    Thanks everyone!

    Dunston, I'll PM you when I sort out our personal pensions
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