STANDARD Life's new business results for the six months to June 30 reveal that worldwide life and pensions sales have increased by 31pc to £8,181m and Standard Life Investments net inflows have grown by 61pc to £5,021m.
Standard Life claims that their interim results released on September 4 will report a significant increase in the overall margin from the full year 2006, due to strong sales growth and improved efficiency. The group chief executive of Standard Life, Sandy Crombie, said: “Our strong new business is continuing. UK life and pensions sales have increased 45pc, building upon a strong comparative period in 2006, and our third party funds under management continue to reach new highs.” UK life and pensions sales now stand at £6,954m. These include individual SIPP sales which are up 82pc to £2...
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