New Business Results - six months to 30 June 2007

A Standard Life Bank product story
Edited by the Insidemoneytalk editorial team Aug 9, 2007

Standard Life has delivered strong new business results during the first half of 2007.

Worldwide life and pensions sales1 up 31% to ?8,181m (2006: £6,235m).

Interim results will report an increased overall margin from full year 2006.

UK life and pensions sales up 45% to £6,954m (2006: £4,802m).

Individual SIPP* sales up 82% to £2,556m (2006: £1,406m).

Group Pensions sales up 49% to £1,487m (2006: £995m).

Standard Life Investments worldwide investment net inflows up 61% to ?5,021m (2006: £3,120m).

Third party funds under management up 20% to £46.1bn (31 December 2006: ?38.5bn).

Total funds under management up 6% to £140.6bn from £132.1bn (31 December 2006).

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