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Standard will not close WP funds

Standard Life has released a formal statement declaring it has no intention of closing its with-profits funds and saying it is considering launching a new range next year. The statement is in response to reports saying it planned to close current with-profits funds. Standard says it is fully committed to with-profits and that in response to changing customer needs and industry developments such as Sandler-style products, it is considering launching a range of new with-profits products next year.

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Opra offers update on wind-ups

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Mastek appoints Le Beau to board

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