Standard Life announces structural changes

Woman walking into Standard Life building Standard Life is one of the capital's biggest employers

Related Stories

Pensions and savings company Standard Life has announced significant changes in its organisation.

Its UK marketing director, Bruce Kelsall, is leaving the Edinburgh-based firm, following a shake-up of other senior managers earlier this year.

Standard Life has three newly-formed divisions, one of them linking the UK market to services across Europe.

The restructuring is also aimed at linking the firm's efforts across Asia and emerging markets.

Standard Life has a large joint venture in India selling savings products.

The other reasons for reform are the requirement for companies to provide workplace pension schemes, along with radical reform to the way financial advice is provided - which means advisers are barred from taking commission.

A Standard Life spokesman said: "Today's changes allow us to take further advantage of the significant progress we've made transforming the operational and financial performance of Standard Life."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories


Features & Analysis

  • French luxury Tea House, Mariage Freres display of tea pots Tea for tu

    France falls back in love with tea - but don't expect a British cuppa

  • Woman in swimming pool Green stuff

    The element that makes a familiar smell when mixed with urine

  • Female model's bottom in leopard skin trousers as she walks up the catwalkBum deal

    Why budget buttock ops can be bad for your health

  • The OfficeIn pictures

    Fifty landmark shows from 50 years of BBC Two

Elsewhere on the BBC

  • ITChild's play

    It's never been easier for small businesses to get their message out to the world


  • Tuna and avacadoThe Travel Show Watch

    Is Tokyo set to become the world's gourmet capital?

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.