M&G no longer the industry exception as investors pull £1.5bn Investing Investors in M&G pulled £1.5bn from the investment manager over the last six months, as the group finally fell foul to the mass withdrawals that have plagued the industry. The outflows from M&G came as a surprise, as the group has traditionally been able to avoid the negative sentiment felt by many other British money [...]
Royal London profits surge double digits as pensions grow Markets Royal London's operating profit before tax increased by 13 per cent for H1 2024, as the insurer credits its focus on long-term strategy to have increased its profits.
Royal London to grant £3m to British and Irish Lions teams ahead of women’s tour funding time Royal London has announced a £3m ‘Levelling the Playing Field’ fund that will aid the British and Irish Lions in investing in elite women’s player and coach pathways. The deal comes ahead of the first ever Women’s Lions tour to New Zealand, which is scheduled for 2027. The grant will support all four unions despite [...]
British Land and Royal London ink joint venture for former Meta HQ in Euston March 18, 2024 Facebook owner Meta exited its corporate lease in the building in September last year.
Royal London plots bulk annuities push as profits rise March 8, 2024 Life insurer Royal London said it was looking to push further into the booming bulk purchase annuities market today as it posted a 19 per cent rise in profits for the year.
Royal London snaps up Aegon’s protection business, adding 400,000 customers to its books April 4, 2023 Royal London, one of the UK’s largest life, pensions, and investment mutuals, has snapped up Aegon UK’s individual protection business. The acquisition, which is subject to court approval, will see the transfer of 400,000 customers’ life insurance, critical illness and income protection to Royal London. Barry O’Dwyer, group chief executive of Royal London said: “We [...]