Term Life Insurance Company Uk - Term Life Insurance

Standard Life results boost hopes for pension providers Telegraph.co.uk

David Nish, chief executive, said he had made progress reshaping the company since taking the helm at the beginning of the year. The insurer appointed Jackie Hunt as its finance director earlier this week.

"Standard Life has made a strong start to 2010, with increased net inflows and a continued growth in assets. These results underline our belief that the UK market is a great place to do business.

"My executive team is established and we are progressing well in changing how we operate, making Standard Life more nimble and quicker to respond to our customer growth opportunities."

Unlike rivals such as Prudential and Aviva, Standard Life has pinned its hopes primarily on the UK market. This accounts for about three-quarters of the group's sales, dwarfing its overseas business such as Canada and Asia.

The company's UK figures were boosted by sales of self-invested personal pensions (SIPPs) which rose 22pc, and UK corporate pension schemes, up 21pc.

term life insurance company uk - News


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