...Leading UK Life Insurer: Fitch Ratings' assessment of Standard Life Plc's company profile reflects the insurer's leading position in the UK workplace and retail savings markets, as well as its established presence in the pension risk transfer (PRT) segment. Standard Life continues to grow rapidly in the workplace pensions segment, with GBP6.2 billion new scheme assets won in 1H26 (2025: GBP1.5 billion). We believe the proposed acquisition of Aegon UK plc would position the group as a market leader in the workplace and retail savings segments and enhance its scale by adding about GBP170 billion assets under administration (AUA; end-1H26: GBP333 billion). Partnership to Strengthen PRT Franchise: Fitch expects Standard Life's recently announced strategic partnership with several institutional investors to improve the group's ability to participate in larger and more complex transactions. Standard Life wrote GBP1.6 billion PRT volumes in 1H26 (1H25: GBP0.3 billion). Fitch continues to assess...
