Standard Life UK profits inch higher by auto-enrolment boost

Laura Miller
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Standard Life has reported modest growth in its UK business for 2014, with profits before costs up nearly 6% during the year, driven by demand for the life company's auto-enrolment workplace pensions.

UK operating profit rose to £350m for the year compared to £330m in 2013, as Standard Life benefited from assets under administration 7% higher at £128bn, boosted by its corporate pensions business...

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