Page last updated at 16:07 GMT, Wednesday, 25 February 2009

Standard Life cuts 195 sales jobs

Standard Life offices
Sales job losses blamed on changes in way products are sold

Standard Life has announced 195 job losses, blaming changes in the way financial products are sold.

The Edinburgh-based insurer said 34 sales jobs would go in the Scottish capital and 13 more in Glasgow.

The biggest cuts will be in Bristol where 69 will go, with 13 of the posts transferring to Edinburgh.

The company said changes in the market for financial advisors were behind the decision, but service levels would not be affected.

Twenty two posts will be lost in Watford, 18 in Leeds, 14 in Cambridge, 10 in London and 8 in Manchester, the company said.



Print Sponsor


SEE ALSO
Standard Life to repay clients
11 Feb 09 |  Business
Standard Life faces fund revolt
30 Jan 09 |  Business

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


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

BBC navigation

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.

Americas Africa Europe Middle East South Asia Asia Pacific