The Endowment Diary

The Endowment Diary

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The Endowment Mis-selling Debacle - one of the UK's worst financial scandals

Thursday, June 01, 2006

Standard Life To Float

Standard Life To Float

Standard Life will list on the stock exchange in July, after 98% of members voted to demutualise yesterday.

Had the company not campaigned so hard in 2000 against demutualisation, when the members were persuaded to vote no, the members would have made ten times the amount that they are likely to make now.

Funny old world isn't it?

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