Standard Life sees personal pensions sales increase 60%

Standard Life’s Irish business saw its sales of personal pensions increase by almost 60% in the first half of the year.

The life assurance specialists’ improved pension sales, coupled with strong underlying investment growth, contributed to a substantial increase in its assets in the opening six months of this year.

Standard Life head of marketing, Brendan Barr attributed the rise in pension sales to a pick-up in consumer confidence.