Standard Life on course for LSE listing

Europe’s largest mutual assurer Standard Life said today it had continued to make progress in re-positioning its business as it prepares for a FTSE listing next year.

Standard, which is now more focused on markets offering greater profitability and long-term growth, said sales of life and pensions products in the UK rose 10% to £459m (€675.4m) in the six months to June 30.