Aegon UK

Standard Life's operating profit surges 25% despite £179m statutory loss

Standard Life reported stronger-than-expected half-year results, with IFRS adjusted operating profit up 25% to £563m, while posting a £179m loss driven largely by planned investment spend; the group says it remains on track to deliver its 2026 targets and cites momentum across pensions, savings and capital-light businesses. The company also flagged the £2bn acquisition of Aegon UK and a UK pension risk transfer partnership as key catalysts for growth and enhanced cash generation, underpinning its upbeat outlook despite the H1 loss.