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News Release from: Standard Life Bank | Subject: New business results
Edited by the Insidemoneytalk Editorial
Team on 01 February 2008
New Business Results - twelve months to
31 December 2007
Worldwide life and pensions sales1 up 12% to £16,312m (2006: £14,599m[2]).
UK life and pensions sales up 15% to a record level of £13,174m (2006: £11,436m2) Individual SIPP* sales up 24% to £4,538m (2006: £3,651m)
Group Pensions sales up 29% to £2,574m (2006: £1,989m).
Wrap funds under administration exceed £1bn (2006: £0.2bn).
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