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UK's Standard Life beats profit estimates on strength in pensions and savings business

March 16 (Reuters) - British insurer Standard Life SDLF.L, formerly known as Phoenix Group, reported a better-than-expected rise in annual profit on Monday, buoyed by growth in its capital-light pensions and savings business and demand for retirement products.

 (Reporting by Rishab Shaju in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))

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