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Talkback

“Yes. It has to do something to come into line with all the others.” Andrew Williams, Independent Financial Advisers

“Yes. It was inevitable as Standard was the only life office not to have done so.” James Cooper, Cullen Financial Planning

“No. I think it is something the regulator has to look at. I can understand the commercial reasons for doing so but it is not managing people&#39s expectations and it ought to be required to give some period of notice.” Richard Eager, The Richard Eager Partnership

“Yes, I think it was right because, if Standard Life had not done it, it could put a severe strain on its sales.” Ding Samson, The Samson Practice

“No. The whole idea of with-profits is smoothing. It has already cut its terminal bonuses and I think a 10 per cent MVA is too high.” Marel Sandidge, Marel Sandidge Associates

“Yes. With its reserves falling from £9bn to £3bn last year, it was a good idea. I wish some of the other companies only had MVAs of 10 per cent.” Peter Jones, Broomfield & Alexander

“Not sure. I have not looked at Standard Life&#39s balance sheet. It is a very big issue.” Douglas Skene, Robert Langley Financial Management

“No. Although markets have been bad over the past couple of years, people expect a big company to have built up enough reserves to be able to cope with something like this.” Geoff Walker, GW Financial Services

Yes 50%

No 38%

Not sure 12%

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