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Average employee at SLI paid £151,000

THE pay bill at Standard Life Investments (SLI) soared 18.8% last year after a bumper year for the business.

Just 24 hours after Standard Life overcame an investor rebellion about boardroom pay at group level, accounts filed at Companies House showed that the fund management business racked up a staff bill of £144.9 million for the 2010 calendar year. This was £23m more than for 2009.