Standard Life Plc - Company Profile
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Standard Life Plc (SLP) formerly Phoenix Group Holdings Plc is focused on the management and acquisition of closed life and pension funds. Broad product portfolio, assets under administration, net investment income and expanding customer base are its major strengths, even as its operating expenses remains a cause for concern. Strategic initiatives, growth in life insurance segment and growth in general insurance segment in the UK will offer ample growth opportunities for the group. However, fluctuations in interest rates, solvency II, and technological changes could affect its business performance.
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