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Standard to maintain WP bonuses

Standard Life is to maintain its with-profits bonuses following its first quarterly review.

The life office announced it would be reviewing bonuses quarterly earlier this year as it believes bonuses are likely to come down in the long term because of changing economic conditions.

Standard Life corporate affairs director Gordon Arthur says it has taken the significant changes made to with-profits bonuses over the last 18 months into account in its decision.

However, it can not promise these bonuses will not fall in the future.

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