Crombie, right, was presented with the main award for his work in demutualising
A: Standard began looking at the possibility of demutualising
in early 2004, following the introduction of a "realistic" accounting regime by City watchdog the Financial Services Authority.
The society, which has been locked in discussions with the City watchdog over its balance sheet, said it had launched a strategic review looking at the options for changing its structure, including demutualising
The Edinburgh-based society said it was carrying out a strategic review in the light of fundamental changes in the industry looking at the options for changing its structure, including demutualising
Scottish Equitable, Scottish Amicable and Scottish Mutual have all flourished since demutualising
About 21 per cent of people also said they owned shares as a result of a building society demutualising
, while seven per cent acquired them at the time of government privatisations, according to NatWest Stockbrokers.
, the society decides to pay them for losing out on this right.
No-one has ever made a business case for us to demutualise, the only case for demutualising
has been that they (policy holders) would get a windfall,' he told reporters.
THERE has been a lot of speculation about Standard Life demutualising
5 per cent, with confidence being boosted by further windfalls from life insurers and building societies demutualising
, the index forecast.