Financial Services Firms to Work From Home Until 2021

Published / Last Updated on 09/06/2020

Standard Life has set the tone this week for financial services companies during the coronavirus pandemic and current lockdown position.

It has been reported in the financial press that Mike Tumilty, Chief Operations Officer for Standard Life, emailed almost 4,500 Standard Life employees on Wednesday 3rd June 2020, asking them to continue to work from home until 2021.

The email allegedly states that: “Colleagues health and wellbeing is central to our discussions and protecting them and their families is critical to our planning process.”


We believe this will set a trend for all financial groups that can cope with at home and remote working and prompt them to continue to do so.  Like most organisations, financial services firms will have some key systems workers that need to be ‘on site’ to work but many will want to comply as fully as possible with government measures and guidelines.

We certainly plan to.  Our staff have always been able to work from home and continue to do so with just the directors ‘in office’ to start and monitor systems.  Whilst it is perhaps easier to have staff in the office, this will not happen until it is totally safe for all to return.

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