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Standard Life

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Standard Life is Europe's largest mutual company, although that could be set to change, with demutualisation expected during 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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