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Standard Life plc - Annual Report and Accounts 2007
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UK financial services - Overview

In 2007 we announced the creation of the UK financial services division which consists of UK life and pensions, our banking business and our healthcare business. This enables us to enhance our customer propositions by combining our capabilities across these lines of business and by building on our reputation for consistent high quality customer service and excellent distribution relationships. It also provides us with opportunities to maximise efficiencies from our operating model within our core UK market.

UK NBC: £27m in 05, £167m in 06, £282m in 07   Bank gross lending: £3.1m in 05, £3.0m in 06, £3.7m in 07   Healthcare sales: £20m in 05, £20m in 06, £22m in 07
Improved life and pension margin reflecting successful change in product mix and designAchieved £1bn of assets under administration on
Wrap and Fundzone platformsCelebrated three years of SIPP and over £7.7bn of SIPP funds under managementIncreased gross lending by 23%Successfully launched new healthcare product aimed
at the over 55 age group