UK's Standard Life falls on book‑value drop, slow pension‑risk transfers

Standard Life

16/03/2026 10:46

** Shares of British insurer Standard Life SDLF.L down 2.6% at 673.5 pence

** Co says book value was 244 million pounds ($323.69 million) in 2025, compared with 1.21 billion pounds a year earlier

** "We think this (pension-risk transfers) will come through in the form of 40 to 60 billion pounds of pension risk transfers a year, although 2025 was actually a slow year," finance chief Nicolaos Nicandrou told Reuters

** Co remains on track to meet its 2026 financial targets

** SDLF down ~8.68% YTD

($1 = 0.7538 pounds)

(Reporting by Megha Kumari)

((Megha.Kumari@thomsonreuters.com;))