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Revision as of 10:22, 22 August 2006
Standard Life was Europe's largest mutual company, as its shareholders voted for demutualisation as was widely expected in 2006. Established in 1825, Standard Life is a major employer in Edinburgh, with 7,500 employees in Scotland's capital and over 12,000 worldwide.
Standard Life Group comprises of six main areas: Standard Life Assurance Company, Standard Life Bank, Standard Life Investments, Standard Life Healthcare, and Standard Life International.
Current assets under management exceed £108 billion. Standard Life has in excess of seven million customers worldwide, with five million in the UK. Of these, 2.6 million are with profits members of the mutual.
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