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Cazalet values Standard Life at 16bn

Financial analyst Ned Caza-let has fired another salvo against Standard Life, claiming that, on the basis of Scottish Widows&#39 demutualisation, the company would be worth 16bn.

Using the same methodology as actuarial advisers Tillinghast, which Standard has employed in the past, Cazalet says the average windfall would be 7,000.

The UK&#39s biggest mutual has threatened to sue Cazalet over a recent article in which he he estimated Standard Life policyholders&#39 potential windfalls.

The threat was made two weeks ago but no writ has been served.

Standard Life estimates it is worth 12bn and windfalls would be less than 2,500. The life office argues that Widows is not necessarily the correct basis for any windfalls.

Cazalet says an individual who took out a 60a month endowment pol-icy in 1985 would be in line for 6,000 while someone who has invested 80 a month for the past 20 years would stand toget 31,000.


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Inter-Alliance supermart has 300 firms but few deal online

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Early warning on retiring at 50

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Put Standard on the carpet

Standard Life recently mailed a brochure containing “real facts” about demutualisation to the company&#39s 2.3 million members. This brochure, we believe, contains a number of misleading statements concerning the Standard Life Members&#39 Action Group&#39s demutualisation proposal. We welcome the opportunity to put the record straight to prevent IFAs and their policyholding clients&#39 feeling any unnecessary […]


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