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Standard Life eyes ‘significant’ chance as annuity sales slide 50%

by Dylan Lobo on Apr 30, 2014 at 08:13

Its investment engine, Standard Life Investments (SLI), continues to shine with assets under management rising 2.3% to £104.8 billion.

Net inflows stood at £2 billion, of which third party business accounted for £1.6 billion through the higher margin wholesale channel and ‘uneven’ pattern of institutional business.

SLI’s effort to extend its global reach also paid dividends, with inflows outside of the UK increasing 23%  to £1.6 billion.

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