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50 MPs back Standard mutual fight

Standard Life has won the support of 51 MPs in itsbattle to stay mutual.

Among those backing the life office is chairman of the influential All

Party Building Society Group, Andy Love.

He has thrown his weight behind the mutual in its battle with

carpetbagger-in-chief Fred Woollard by putting down an Early Day motion in

the House of Commons – a move supported by 50 other MPs.

The motion calls into question carpetbagger assertions that

demutualisation would trigger average windfalls of between £5,000 and

£6,300.

Standard group managing director Scott Bell says: We are grateful for the

support Mr Love&#39s group has given us.”

Comment, p33

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