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Standard Life keeps its triple A rating

Standard Life has had its AAA rating reaffirmed by independent ratings agency Standard & Poor’s. S&P says the triple A rating for financial strength, the highest possible, was awarded for the company’s "extremely strong capitalisation, extremely strong business position, very strong operating performance, and strong management team."

Standard Life group finance director John Hylands says: "We are naturally delighted to have our triple A financial strength rating confirmed by S&P. This will reassure our with-profits policyholders in these uncertain and volatile times."

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SWIP to convert unit trusts to OEICs

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