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Cazalet releases Standard Life numbers

Financial analyst Ned Cazalet fired off another salvo against Standard Life this weekend, claiming that on the basis of the Scottish Widows demutualisation it would be worth £16bn.


Using the same methodology as Standard Life&#39s own actuarial advisors Tillinghast, Cazalet says the average windfall would be £7,000.


The UK&#39s largest mutual has threatened to sue Cazalet for defammation. The threat was made two weeks ago, however, and he has not received a writ.


Standard Life has estimated its worth at £12bn and windfalls at less than £2,500.


Cazalet says an individual who took out a £60-a-month mortgage endowment policy in 1985 would be in line for £6,000 while someone who has invested £80 a month for the last 20 years would stand to gain £31,000.

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