Standard Life Stakeholder with-profits pension falls in 2010

The funds, which do not have investment guarantees, dropped 1.2% over the six months to the end of June (on an estimated gross return basis). They have the highest equity weighting of Standard Life's with-profits plans at 57.9% at the end of June. The remainder of the funds was in fixed interest and other assets but not property. Market volatility hit the plans in 2010 after a stronger period in 2009, when they rose just over 19%. All of Standard Life's other with-profits plans increased in value over the first half of 2010, although with-profits bonds only rose 1.8%. They had an a...