Standard Life sees SIPP sales soar to £1.2bn

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FIRST quarter sales of self-invested personal pensions at Standard Life rose 117pc in 2007 to £1.2bn, latest company figures reveal.

The insurer reported SIPP sales of £1.23bn in Q12007 compared to £569m in the same period in 2006, while group pensions sales stood at £582m. Total UK life and pensions sales were up 52pc to £3.2bn...

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