LIFE and pensions giant Standard Life is planning to save another £75m over two years to combat a likely reduction in revenues.
The firm said it was already cutting staff numbers in certain areas of the business to achieve the savings – but hoped to redirect the workers affected to other growth divisions.
Standard Life reported a 6% rise in 2008 pre-tax operating profits to £933m. Standard Life said it was pleased with a "solid" performance in 2008.
