Standard Life on the hunt for a Brexit guide to add to its public affairs knowledge

Hayley Kirton
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The company is on the look out for somebody to add to its public affairs knowledge (Source: Getty)

Those with a head for Brexit-related red tape might want to dust off their CVs, as insurance and pensions company Standard Life is looking out for somebody to help guide it through the referendum fallout.

The new hire will report to Graeme McEwan, chief communications officer, and will help advise the FTSE 100 firm on policy issues stemming from the UK's decision to leave the EU.

Sky News, which first reported the story today, said the financial services giant has instructed headhunters to find somebody to fill the role, while a spokesperson confirmed to City A.M. the company was looking to add to its public affairs expertise.

Standard Life was one of a number of companies which shut the gates on its property fund after one too many investors rushed to withdraw cash in the aftermath of the referendum result.

Read more: Aviva property fund investors won't be able to take out money until 2017

Shares in Standard Life are currently trading up 2.2 per cent at 366.4p, having jumped around the time Sky broke the news of the job hunt. Shares in the company are also up slightly from the 343.3p they closed at on 23 June.

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There has been a great deal of concern about what Brexit could mean for London's financial services sector, particularly surrounding what access to the Single Market can be hoped for and what sort of deal the City can strike on passporting rights.

Prudential has already said it has contingency plans in the pipeline, revealing in its conference call for its half-year results it may shift some funds in M&G, its assets management division, to Dublin or Luxembourg. However, the insurer added any such decision was still in the very early stages.

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