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Standard Life new business down but positive inflows.
(From InsuranceNewslink.com)
Standard Life has reported for the first nine months and the third quarter. Highlights are;
-Standard Life Investments third party net inflows 75% higher at GBP4.3bn
-Life and pensions net inflows of GBP1.2bn
-Life and pensions net inflows excluding bulk bond deals 18% higher at GBP1.8bn
-Life and pensions net inflows in the third quarter 91% higher at GBP586m
-Standard Life Investments total assets under management increased by GBP15.3bn in the third quarter
-Standard Life Investments third party assets under management 19% higher at GBP54.1bn
-SIPP assets under administration …
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