Standard Life new business down as employers wait for AE

clock

Standard life has seen net inflows to its corporate pensions business fall by a third this year as businesses delayed decisions ahead of auto-enrolment.

In an interim management statement, published today, the firm net inflows for the year dropped from £1.6bn to £1bn. Net inflows in quarter three were down 26% on the same period last year from £356...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR shifting to 'more prudential style' of regulation

TPR shifting to 'more prudential style' of regulation

CEO Nausicaa Delfas says broader pensions market is changing

Holly Roach
clock 28 November 2024 • 1 min read
Benefex buys Vebnet from Standard Life

Benefex buys Vebnet from Standard Life

Deal will see 31 corporate customers and 140,000 employees move to Benefex platform

Jonathan Stapleton
clock 28 November 2024 • 2 min read
UK pensions system at 'critical juncture', PPI warns

UK pensions system at 'critical juncture', PPI warns

PPI says societal inequalities may lead to wider differences in retirement living standards

Martin Richmond
clock 27 November 2024 • 4 min read
Trustpilot