Does mutuality really matter?

GOSLING'S GROUSE

Now Standard Life has announced how many shares everyone is going to get, it is safe to say its mutu...

Now Standard Life has announced how many shares everyone is going to get, it is safe to say its mutuality is finally being cast into the dustbin of financial services history. After all that has been written on the subject, does it really matter? In essence I don't think it does. I'm going to come clean - my household is not going to profit from the demutualisation. There is a Standard Life pension kicking around but the beneficiary decided with-profits was not for them - quite a radical move at the time - and so has missed out on the £500 or so that would have dropped through the door in...