Standard Life sales drop
Wednesday 30 January 2008
Latest in Business News
On Facebook
Life and pensions giant Standard Life today reported a 20 per cent drop in fourth quarter UK sales as market volatility hit the group's domestic business.
The news comes after the announcement late yesterday that its UK boss Trevor Matthews had quit to head up rival Friends Provident.
Standard Life posted £2.92 billion of UK life and pensions sales in the last three months of 2007, which was below the £3.04 billion expected in the market.
But the fourth quarter performance failed to derail double digit full-year growth in the UK, with life and pensions new business up 15 per cent to £13.17 billion.
- 1 Apple admits it has a human rights problem
- 2 Caught in his own blast: an Iranian targeting Israel
- 3 No secularism please, we're British
- 4 Reinstate Knox's murder charge, Italian court told
- 5 Police confiscate passport from Brooks' assistant
- 6 Lightning kills an entire football team
- 7 'Drunk tanks' and minimum prices to help Britain sober up
- 1 How Koscielny became prince of the Emirates
- 2 Apple admits it has a human rights problem
- 3 Spotify: 1 million plays, £108 return
- 4 Six Grammys, five years off: Adele puts love before career
- 5 Lightning kills an entire football team
- 6 Police confiscate passport from Brooks' assistant
- 7 Nauru and Abkhazia: One is a destitute microstate marooned in the South Pacific, the other is a disputed former Soviet Republic 13,000km away, so why are they so keen to be friends?
- 8 I was born to be a killer. Every night I see the Devil in my dreams
- 9 Mark Steel: If religion is 'marginal', I'm the Pope
- 10 Rothschild loses libel case, and reveals secret world of money and politics
Free trial of new Independent iPad app
Get your daily dose of the best of British journalism, sponsored by American Airlines
Win a three-week coastal jaunt
Spend three weeks exploring every nook and cranny of gorgeous Atlantic Canada.
Amazing restaurant offers
Three glasses of free champagne and a special menu at 46 top London restaurants.
Latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Career Services
Day In a Page
No secularism please, we're British




Comments