Standard reports dip in UK pension sales

Standard Life said today it continued to reposition its business after seeing a further jump in sales of self-investment pensions and investment bonds.

Figures for the final three months of the year show the planned rise in single premium-based business was offset by a decline in areas such as individual pensions as Standard gets itself ready for a stock market flotation in the summer.

Overall in 2005, UK life and pensions business increased 3% to £908m (€1.3bn), following a decline of 12% to £221m (€323m) in the final quarter after Standard cut commission levels on individual and group pensions.

More in this Section

No sign of UK households stockpiling ahead of Brexit, figures suggestNo sign of UK households stockpiling ahead of Brexit, figures suggest

Over 350 workers let go temporarily in Tipp 'as a direct result of the ongoing illegal blockade'Over 350 workers let go temporarily in Tipp 'as a direct result of the ongoing illegal blockade'

State and Apple's joint appeal over €13bn tax bill to be heard in Luxembourg todayState and Apple's joint appeal over €13bn tax bill to be heard in Luxembourg today

Investors not sold on H&M revenue growth figuresInvestors not sold on H&M revenue growth figures


Lifestyle

Whether you’re into a ‘no make-up make-up’ look or jet black lipstick, LFW had it all.These are the biggest beauty looks from a vampy London Fashion Week

It will take you out of your beauty comfort zone, but is remarkably easy to pull off.London Fashion Week: This top make-up artist wants you to ditch your cat-eye for a ‘blue fade’

Columnist and trained counsellor Fiona Caine advises a 20-something man who isn’t having any luck meeting women in bars and clubs.Ask a counsellor: ‘Neither me or my mates have had a date for years – what are we doing wrong?’

As Aussie beer and cider brand Gayle launches in the UK, Abi Jackson finds out more from co-founder Virginia Buckworth.‘Brewed with love’: How new Aussie brand Gayle is putting ‘gay ale’ on the world drinks map

More From The Irish Examiner