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WP policyholders will get windfalls, says Cizdyn

Standard Life&#39s with-profits policyholders will get substantial windfalls in the likely event that it demutualises, according to insurance analyst Roman Cizdyn.

Unlike Ned Cazalet, who says there will be no windfall bonanza, Commerzbank analyst Cizdyn believes policyholders &#45 especially those in Standard&#39s with-profits fund &#45 will see substantial windfalls from any demutualisation.

But he does not expect the life office to continue to attract much new
business, predicting that IFAs will be left “scratching their heads” and looking to place their clients with rival firms. He says: “The ncertainty is going to be an excuse to look elsewhere. It is a potentially damaging announcement. The new management is going to have to deal with the strategic review.”

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L&G launches protection marketing material

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Abbey axe could fall on ScotProv

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Independent view

It has been a good year for our firm, even taking into account red tape and general regulation. Seriously, it has. Most IFAs I speak to say the same, particularly in the last six months. We have kept a close eye on staff costs and overall expenditure and that, coupled with client loyalty and a […]

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