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Recent with-profits policyholders can reconsider – Standard Life

Mutual insurer Standard Life has revealed policyholders who have
taken out with-profits policies since November 16 will have the
chance to reconsider in the light of yesterday&#39s announcements.
It has said it will be writing to policyholders who have taken out
with-profits policies in the current financial year “to offer them the
chance to reconsider, without penalty, their investment decisions”.
Yesterday Standard announced it is to undertake a strategic review,
in which demutualisation will be considered. Group chief executive
Iain Lumsden has also retired after 36 years with the company, being
replaced by Standard Life Investments chief executive Sandy
Crombie, effective immediately.

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