SL sales fall
STANDARD LIFE is tipped to reveal that worldwide sales of life and pensions fell 1% in the first six months of the year when it posts its latest figures on Wednesday.
However, analysts expect a 39% rise in operating profits before tax, on an embedded value basis, to 489m.
According to Nic Clarke, analyst at Charles Stanley, the only real cause for concern will be a 14% fall in self-invested personal pensions (SIPPs).
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Friday 17 February 2012
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