Standard Life has announced it will cut a further 69 jobs in IT, facilities and telephony in an effort to meet its promised £100 million cost savings pledge by the year’s end.

The latest cuts come after the firm announced it would axe 95 jobs in its customer services departments in Edinburgh and Glasgow earlier this month.

Overall 179 jobs in Edinburgh are affected by yesterday’s announcement, although the change will see 37 jobs created, which are expected to be filled internally. A further 17 jobs in the company’s network and telephony division are being transferred to BT