cudntpikmynose
07 Apr 2016
Re: Final Dividend 12.3p 3.50 for xmas not seen thay comment for a while
Baker2005
07 Apr 2016
Re: Final Dividend 12.3p down 20p since April 4th ( when it was ~353p)Falling share price into strong dividend of 12.3p on the 14th April is unusual....The divi normally holds up / drives up the price just before ex-div.Similar story for LGEN, AVIVA etc. Insurers seems out of favour short term.
EssentialInvestor
05 Apr 2016
Re: Final Dividend 12.3p Well yes they will have investments somewhere, but SL. is increasingly an asset manager,would expect the larger life companies to have far more exposure, to what?, who knows.You just hope there risk control models work.In terms of SL it grew its dividend through the greatest financial crisis since the 1930's,not sure it gets the credit it deserves.Very much IMV only and please DYOR - as I may be overlooking something!,or not fully factoring it in.
EssentialInvestor
05 Apr 2016
Re: Final Dividend 12.3p At 337 the historic yield is approx 5.3%, please double check as that is a quickmental calculation.
Eadwig
31 Mar 2016
Re: Endownment policy payouts? I have a 25 year policy maturing in July. I will count myself lucky if I get over 50% of what I was assured would be the *minimum value*.Bonuses have been reduced year after year, which leaves a bad taste, especially as it was the bonus that enticed me to keep holding rather than cashing in,Even when the shares pay out a special dividend like last year I feel it is no more than I am owed, frankly.
batteryman15
30 Mar 2016
Re: Endownment policy payouts? Thanks for the info.I think I will just leave mine to ride the storm! Mortgage paid off now anyway so its just spending money at the end of next year. New car and good holiday????
Mike in Horwich
02 Mar 2016
Re: Endownment policy payouts? Batteryman5,Like you I had W.P. endowments maturing - but some years ago now. Each year I would telephone the Std. Life and ask them for the latest Terminal Bonus figure. I stopped doing that about 4 years back.I can say that for a 25year endowment the T.B. percentage peaked at 170% in 1990 and 1991, dropped to 138 by 1995 anda again rose to 170 in 2001.Since then it's been downhill:2002 152%2003 99 then 85% in August that year2004 71 then 59% in July of that year2005 47 then 36% in August2006 26 then 21 in August2007 20.52008 31.42009 15.52010 5.22011 8.32012 12.1 then 13.4 in August2013 15.2%Unsure since then but check with SL on the 'phone.I surrendered a policy one January even though it was due to mature in the March following. I took a gamble that the terminal bonus would be reduced in the February announcement.I was correct and it saved me a couple of thousand pounds.Knowledge is power and I fail to understand why the S.L. do not publish the figure on their website. Annoys the whatsit's out of me.
batteryman15
02 Mar 2016
Endownment policy payouts? Does anyone have a feel for how much - as a percentage of the original target payout - Standard Life endownments are now paying out, and if bonuses and the final "smallish" top up "promise" is still being added at policy maturity? I have a policy maturing towards the end of next year and would like to get a feel for what is currently being paid out as a percentage of the original target?It used to be around 65% of the original target value but this may have changed recently?Thanks.
Spain Fund
26 Feb 2016
Sold out Banking my 2.6% clear profit here again and (Barclays 5.27% in just over one trading day). Stock market even riskier these days so taking profits. Step up Investec bond, average 3% per annum, I took out last February (with sell out of ISA stocks and share and good profits) wondering if it was the right move?. Just given me a years interest. ISA be well down if I didn't.
Spain Fund
24 Feb 2016
Re: Back in @ 323.10 Bought more at 316.2
tejo
24 Feb 2016
purchase co incidence I also bought, via a CFD into SL to-day, Spain Fund, as shares look oversold. However, it was with some trepidation since the results were much worse than the headline report from the company. It is almost impossible to decipher the accounts of companies like Standard Life, Legal and General, prudential etc. but there were a number of "one off" items that should really be ordinary costs since they happen on a regular basis, which mean that profit was actually lower than last year. Only reporting every six months now, gives them extra cover and only reason to buy, since I already have quite of shares, is, as I mentioned because the shares look oversold.
Spain Fund
24 Feb 2016
Back in @ 323.10 Just £3k switching from SL to HSBA and back again. Already own 1000 HSBA.Shares now 977 from 904. Keep for dividend now (and growth I hope) and add on weakness below this priceFound best to take profits in last few months.
Spain Fund
22 Feb 2016
Re: Bought in @ 329 Sold at 342.10 early on to top-up HSBC at 426.95. Already have Chesnara all profit money, Aviva, Legal & General and Old Mutual so top heavy. If I sell any I may be back in Standard Life
Kingel
22 Feb 2016
HL view of results Our view:Standard Life has transformed itself over the last fifteen years or so from a traditional life insurer to a fee-based asset manager. The group now has two main business lines - Standard Life Investments (SLI), which offers a range of active and passively managed funds; and a UK savings and pensions business. The latter includes the wrap platform for financial advisers and the group's corporate pensions proposition, both of which provide a strong distribution platform to channel inflows into SLI.Standard Life is benefitting from some favourable trends, such as the on-going shift from defined benefit to defined contribution pension schemes, and auto-enrolment (by 2018 all UK employers will need to provide a qualifying workplace pension for eligible employees). The group added over 250,000 new auto enrolment customers during 2015, taking total joiners to over 820,000.Standard Life's annuity sales were sharply lower in 2015, as a result of recent pension reforms. However, these changes could benefit the group in the long run, by increasing demand for alternative pension arrangements such as income drawdown. This should allow the company to retain more assets on its platform when people come to retirement.The shares have been weak over the last 6 months which probably reflects declining stock markets and increased volatility; neither of which are helpful for this business. It may also reflect some concern over proposed changes to pension tax relief for higher earners, ahead of the 16 March 2016 Budget. Changing regulation is a risk for Standard Life; but the need for individuals to save more towards their own retirement isn't going to go away.The shares now offer a yield of 5.8% for FY16, rising to 6.4% by FY18, on current analyst estimates. We view this yield as attractive, especially given Standard Life have increased their dividend every year since its stock market flotation in 2006.[link]
Eadwig
19 Feb 2016
Re: Final Dividend 12.3p pearlsasinger,I think SL has been hit generally being a financial and there may be some suspicion it has exposure to European banks (where something fishy is happening) and/or bonds of oilers that may not be able to redeem borrowings. I think the latter would probably hit customer's accounts, rather than SL's balance sheet, but they must have some investments somewhere, and there are some dodgy commodity companies (like BP) teetering on the brink at the moment.Well done on buying more, anyway, I was tempted myself, but as I have an endowment maturing (I nearly said 'coming good') this year, I thought eggs and baskets in these markets, I probably shouldn't tempt fate.Still a buy on any pullback, frankly, if you're after safe yield and the chance of a little sp growth.
