Stormy Waters May Hit Flotation Payout

Daily MailJune 12, 2006

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Summary


MILLIONS of policyholders at Standard Life could have their windfalls reduced when the mutual life assurer embarks on what is likely be the biggest flotation of the year.

City insiders are expecting the flotation price to be slashed by up to 10pc following a turbulent few weeks for global markets.

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Stormy Waters May Hit Flotation Payout

That could cut the average windfall for the firm's 2.4m members to Pounds 1,500, fro...

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