Operating profits at Standard Life UK rose by more than 60% in the first half of the year compared to the same period in 2011, driven by an increase in fee revenues and lower acquisition costs.
The IFRS profit before tax figure of £141m compared to £87m recorded in the first six months of last year, and helped Standard Life group to an operating profit for the period of £302m, up 15% from...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
