Standard Life H1 operating profit rises 6 percent

August 4, 2015 6:28 AM

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LONDON Aug 4 British insurer and asset manager Standard Life's operating pre-tax profit rose 6 percent to 290 million pounds ($452.75 million) in its fiscal first half, with a drop in annuity business affecting performance.

Assets under administration rose 2 percent from Dec 2014 to 302.1 billion pounds in volatile markets, the firm said in a trading statement.

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