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
Standard group managing director Scott Bell says: We are grateful for the
support Mr Love's group has given us.”