Although the short-term outlook is uncertain and has scope to drive some associated share price weakness, we would use this as an opportunity to buy into the shares as we believe substantial gains remain available to investors who are willing to build holdings for the long-term.
BARRIE CORNES | PANMURE GORDON
Standard Life has reported a solid set of life and pension new business figures...Standard Life represents an attractive defensive play within the sector, looks set to benefit from RDR and auto enrolment and yet is trading at a very attractive valuation and a dividend yield of 5.1 per cent.
JONATHAN JACKSON | KILLIK & CO
In the life business, a strong performance in Canada offset a weaker performance in the UK, where the group has implemented fully RDR-compliant adviser charging on its platforms...The IGD surplus improved to £3.4bn, from £3.0bn as at 30 June, following the C$400m bond issue in Canada.