Standard Life has announced today that as part of strategic review of its business it will now consider demutualising and will be making preparations over the next 18 monnths or so with a view to puttng it to the members for a vote in 2006.
This could mean actual demutualisation taking place in around 2008.
Our view
A sensible move given the need to raise capital to survive in this ever competitive global financial services market place.