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Financial Mutuals in 2020

Posted: Mon Dec 30 2019 6:21pm
by planteria
carpetbagger.comers..

anyone care to make any predictions of changes in the market during 2020?

Re: Financial Mutuals in 2020

Posted: Mon Jan 13 2020 7:46pm
by im182044
Manchester BS taken over

Re: Financial Mutuals in 2020

Posted: Tue Jan 14 2020 8:20pm
by planteria
that would be well overdue..

Re: Financial Mutuals in 2020

Posted: Wed Jan 15 2020 8:15am
by pabenny
What and when was the last gain from demutalisation or similar?

Re: Financial Mutuals in 2020

Posted: Wed Jan 15 2020 10:33am
by planteria
well, i had a nice cheque just before Christmas, but i have spread my net fairly laterally within 'mutuals'..

a friend of mine keeps gaining with regular payments from the Sons of Temperance.. what they refer to as his 'pension'. joining SoT was a very useful decision for some.

in terms of a demutualisation of a financial institution, i think we're going back several years now.. i benefitted from Standard Life. have there been any more recently?

Re: Financial Mutuals in 2020

Posted: Wed Apr 01 2020 8:37pm
by im183905
planteria wrote:
Wed Jan 15 2020 10:33am
well, i had a nice cheque just before Christmas, but i have spread my net fairly laterally within 'mutuals'..

a friend of mine keeps gaining with regular payments from the Sons of Temperance.. what they refer to as his 'pension'. joining SoT was a very useful decision for some.

in terms of a demutualisation of a financial institution, i think we're going back several years now.. i benefitted from Standard Life. have there been any more recently?
Who was this from and under what circumstances takeover by another society?

Re: Financial Mutuals in 2020

Posted: Thu Apr 02 2020 9:27am
by planteria
this was from a mutual club im183905.
we sold the site upon which the club was based.

Re: Financial Mutuals in 2020

Posted: Sun Aug 30 2020 8:23am
by planteria
another friendly society merger is on the cards.. https://www.kingstonunity.co.uk/sgm/
as it happens this would actually be a remerger. the society split back in the 1800s.

i joined four friendly societies with small monthly tax exempt investment plans back in 2012. this would be the second of the four being 'merged' into The Oddfellows.

Re: Financial Mutuals in 2020

Posted: Sun Aug 30 2020 5:16pm
by BeautifulSunshine
planteria wrote:
Sun Aug 30 2020 8:23am
another friendly society merger is on the cards.. https://www.kingstonunity.co.uk/sgm/
as it happens this would actually be a remerger. the society split back in the 1800s.

i joined four friendly societies with small monthly tax exempt investment plans back in 2012. this would be the second of the four being 'merged' into The Oddfellows.
Are you due a windfall?

Re: Financial Mutuals in 2020

Posted: Sun Aug 30 2020 7:37pm
by planteria
there will be no windfall payments for KUFS members if the merger goes ahead as planned AAAT.