Standard Life

[rcollyer]

I have had a Standard Life Pension for about 15 years now, which is frozen awaiting my retirement. I recently read that ALL Standard Life members were entitled to a 'windfall' of sahres due to the company's demutualisation a while back. Is this correct and how do I found out. Cheers

Ray

[WendyS]

I think the payment of windfall shares was made to all those members who had a "qualifying" policy, which meant a "With Profits" policy. Your pension policy may, or may not be a "with profits" and the only way you can find out is to write to Standard Life giving them all the details. If you haven't received shares and do have a With Profits policy, is it possible that you have moved house or changed your address since taking out the policy 15 years ago, in which case they may have written to a former address and had the documents returned as non-deliverable.

[dans1977uk]

Wendy S is quite right in that only qualifying policy holders will be entitled to a share of the company, however it's not only With Profits policies which will be "qualifying". It's definately worth writting to Standard Life to check, ensuring, as Wendy said, to include your current address and specific notes that your address has changed and what it used to be - assuming you've moved house.

Fingers crossed you have a windfall!