Standard Life on track for £1.1bn profit target as cash generation rises
Standard Life has reported strong half-year results across its pensions and annuities businesses, with adjusted operating profit rising 25% to £563m.
The Edinburgh-based group, which manages £333bn of assets on behalf of 12m customers, said it remains on track to deliver around £1.1bn of adjusted operating profit for 2026, in line with targets set in March 2024.
Andy Briggs, group chief executive, said: "Standard Life continues to demonstrate exciting momentum against our vision to be the UK's leading retirement savings and i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...