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Time for Scottish Life clients to air their views

As a typical member of our industry, for the last seven years I have been reactive rather than proactive when advising clients on their voting rights when an insurer wantsto demutualise.

Looking at current and past demutualisation of insurance companies, I feel the members&#39 interests were not fully represented.

Scottish Life have recently received major press coverage on their supposed sale. I, as a policyholder and an IFA with many clients with Scottish Life policies, want to be consulted properly before final decisions are made.

I have never been a lover of collective bodies such as action groups but I feel there is a need for IFAs to bond together to produce one individual voice to represent their clients with Scottish Life policies.

I would appreciate your readers&#39 views on this matter and wish to seek support from IFAs with clients who are Scottish Life policyholdersas well as actuaries or lawyers who are Scottish Life policyholders.

Harvey Sutton

John Sutton Partnership,

Chorlton, Manchester

email address: harvey@johnsuttonpartnership.com

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