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 plots bulk annuities push as profits rise Insurance 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.