Page 52 - Articulate Files
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it passed the longevity risk – the financial consequences
associated with the possibility that these people would live
longer than expected – to a third party as a result, SL would
increase its embedded value operating profit by at least
£100m in 2008.
In March 2008, final results, ahead of market expectations,
were announced showing that Standard Life plc had come
of age and was now a pension company with a very
successful Asset Managing business.
