Summary
About 700,000 members of mutual insurer Standard Life could miss out on windfall payments totalling more than pounds 1 billion pounds unless they confirm their details ahead of a vote on the group's future.
Standard Life has said 2.4 million eligible policyhold-ers stand to reap share payments valued at an average of pounds 1,700 pounds if they back a plan to scrap its mutual status on May 31 and press ahead with Britain's largest initial public offering since 2001.See the full content of this document
Extract
Missing Members May Lose Out On Cash
But the insurer said in a statement that more than ...
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