Standard Life has been in talks with the FSA
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UK mutual insurer Standard Life says it has put its finances back in order with a surplus of more than £4bn.
The firm has been especially hard hit by new funding requirements.
Standard Life, which cut bonuses for policy-holders in January, said it had slashed its shareholdings from 59% of assets to 50%, in line with its peers.
Its surplus was " more than twice" the required margin, it said, adding that it was "cautiously optimistic" for its performance in 2004.
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