Standard Life yesterday underlined the resilience of its new business model as it posted an 18% increase in underlying first-half profits, boosted to a 51% rise by its blockbuster £6.7bn annuity reinsurance deal with Canada Life earlier this year.
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Standard Life model holds up in hard times
Standard Life yesterday underlined the resilience of its new business model as it posted an 18% increase in underlying first-half profits, boosted to a 51% rise by its blockbuster £6.7bn annuity reinsurance deal with Canada Life earlier this year.
