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Standard Life Dodges Solvency II With Insurance Biz Sale

By Joanne Faulkner (February 23, 2018, 2:39 PM GMT) -- Standard Life Aberdeen prepared to wave goodbye to the insurance world on Friday as the firm announced it is selling its savings business for £3.2 billion ($4.5 billion) to concentrate on asset management and avoid onerous capital rules imposed on insurers....

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