Standard Life hopes to scrap its once-cherished mutual status
|
Members of Edinburgh-based Standard Life are due to vote on whether to demutualise and float on the stock market.
The company has a long historical connection with the Scottish capital.
Standard Life was founded in Edinburgh on 23 March, 1825. The company became a mutual in 1925.
Europe's biggest insurer is based on Lothian Road in the heart of Edinburgh.
It employs about 7,000 members of staff in the Scottish capital alone and a further 12,000 worldwide.
Standard Life has in excess of seven million customers worldwide, with five million in the UK.
It is responsible for managing assets of £108bn on behalf of those customers.
It also contributes £1bn per annum, 8.9% of GDP, to Edinburgh's economy.
|
 |
SEE ALSO:


RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


|