Standard Life Members Vote 'Yes'...
Standard Life's Voting Members today voted in favour of the Special Resolution for the demutualisation of The Standard Life Assurance Company and the flotation of Standard Life plc on the London Stock Exchange.
Votes Cast 'Yes': 1,545,314 (98%)
Votes Cast 'No': 32,474 (2%)
Yay! Why am I so pleased? I have two endowment policies with Standard Life that have lost loads of money over the years - a black hole of life insurance and little else. So finally I get some recompense - shares in the new plc.
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