Standard Life has confirmed it is to cut 139 jobs from across its business
Paul Matthews, chief executive, UK and Europe said: "A lot of great progress has been made getting Standard Life ready for the Retail Distribution Review and Pensions Reform. These initiatives significantly change the way customers engage with us. "Our current model and structure has to change to meet the changing demands of this new world where customers will want to interact in different ways for different products. The changes being proposed today fundamentally change how we're organised so that our customers can have a greater experience with Standard Life."
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