The Endowment Diary

The Endowment Diary

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

Wednesday, May 09, 2007

Standard Life

Standard Life

Congratulations to Standard Life on their bumper first quarter results, worldwide sales rose by 40% to £3.92BN.

The question that the endowment policy holders are asking is, whether these bumper results will be reflected in bumper returns on their flagging endowment policies.

Highly unlikely I would say, as since July 2006 the masters of Standard Life are the shareholders not the policy holders.

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