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Revision as of 18:30, 30 October 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 £908 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.
On September 15, 2006, the company became a constituent of the FTSE 100 Index.
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