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Standard Life Demutualisation Shares - Should I Keep, Buy or Sell?
Following demutualisation, Standard Life shares (code SL.L) stabilised well above the offer price of 230p and briefly reached a high of 357p. Those who did not cash in their shares immediately will be watching the share price to see if it rises again. On average the analysts are suggesting that the shares are a "hold". In other words, they think it's not worth adding to your existing shares but there's no urgency to sell. In the November report earnings were below expectation but the shares held firm at 292p. Since then the shares increased steadily (with the occasional blip) to around 340p. A further market correction in share values generally in late July saw prices fall to the 290p mark. Prices have fallen again to 270-290p.

What are the benefits of keeping my shares ?
If you keep your shares there are potential benefits. Firstly the share price may go up (although of course it may go down!) and secondly you will expect to get an annual dividend. The first Standard Life dividend was paid in June 2007.

If you decide to sell, many online brokers provide a cheap selling service at around £10 - £12 per deal.

Time to cash in your Standard Life Endowment?

NOTE: This website is for information only and should not be relied on for making financial decisions. You should check out the information and get advice from Standard Life or your IFA.