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Standard Life Demutualisation Unclaimed Shares Standard Life converted from policyholder ownership to a stock company – a process called demutualisation – on 10 July 2006. Eligible Members are entitled to receive shares in Standard Life plc, as a consequence of this demutualisation. Generally speaking, you qualify as an Eligible Member if, at the time of… Click Here to Read More
Halifax Unclaimed Shares from Demutualisation Halifax Building Society converted from member ownership to a stock company – a process called demutualisation – in June 1997. Qualifying Members were entitled to receive shares in Halifax plc, as a consequence of this demutualisation. To be eligible to make a claim, you must have had a mortgage or… Click Here to Read More
Windfall from Building Society Demutualisation Staring with Abbey National in 1989, a growing number of building societies and insurers have demutualised; issuing windfall payments to qualifying members and listing shares on the stock exchange. Rules governing former building societies stipulate unclaimed shares may be sold three years after flotation, howevercustomers who can prove entitlement to windfall shares… Click Here to Read More
Life insurance policies are an easily forgotten source of unclaimed funds, due to their long-term nature. Sources very conservatively estimate £2bn is languishing in forgotten and unclaimed life policies around the UK. To determine if a family member who died without a will may have had a life insurance policy that has gone unclaimed, it… Click Here to Read More