withprofitsannuity.co.uk

withprofitsannuity.co.uk


AOL Money UK

These 3 top FTSE 100 stocks now yield more than 5%
AOL Money UK
First-half results show operating profits before tax up 18% to £341m, and underlying cash generation improving 10% to £254m. Standard Life has been hit by falling annuity sales but there have been compensations as more retirees turn to income drawdown.

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Builders boost FTSE as Persimmon shrugs off 'Brexit'
Citywire.co.uk
Shares in Persimmon jumped 4.4% to £18.73 as it reported a 17% jump in reservations by buyers of new homes over the last two months and revealed a 29% jump in first-half profits. 'Like the rest of the FTSE, the company acknowledges "increased economic ...

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Citywire.co.uk

Pru's UK profits rise after quiting annuity market
Money Marketing
Prudential UK's profits rose 8 per cent in the first half of 2016 following its decision to exit the annuity market because of stringent capital requirements. Results published today show operating profits in the life business increased to £473m, up ...
Asia spurs growth at Prudential as investors shrug off losses at money manager M&G InvestmentsThis is Money
M&G Investments could move funds if Britain loses access to single marketBusiness Reporter
PruFund sales soar to push Pru profits to £470mCitywire.co.uk
DIGITALLOOK -London South East (registration) (blog)
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International Adviser

Canada Life premiums jump 50% amid soaring fund sales
International Adviser
... to the same period last year. The figure included the acquisition of Equitable Life in March last year which saw the company transfer its annuity portfolio to Canada Life for £875m in a bid to release capital for distribution to its long-suffering ...



Money Marketing

L&G profits surge 44% after annuity deal
Money Marketing
Profits in Legal & General's retirement business grew 44 per cent in the first half of the year, driven by annuity book deals and equity release sales. Half-year results, published today, show pre-tax profit rose from £292m in the first six months of ...
LGIM's profits slip despite AUM climbPortfolio Adviser

all 5 news articles »


IG

British insurers reporting strong profit gains in wake of Brexit vote
IG
Legal & General reported a 10% increase in operating profits for the same period thanks to growth in annuity sales. That's further good news for a sector that was hit hard in the immediate aftermath of the Brexit vote, with share prices tumbling on ...

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This is Money

Watch out for pension deadlines: Prepare for the 55, 65 and 75 age milestones to make retirement comfortable
This is Money
Meanwhile, people with old-style private pensions - such as retirement annuity contracts and with profits contracts - need to look up and take particular note of any 'selected retirement age' specified in them, warns Mark Stone, financial planning ...

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Hargreaves Lansdown

L&G - Bulk annuities offset weaker investment management
Hargreaves Lansdown
Adjusted operating profits are up 10%, to £822m, as falls in Investment Management, Insurance and Savings are more than offset by positive contributions from the Retirement and Capital divisions. Group return on equity increases 1.3 percentage points ...
Legal & General weathers Brexit storm as profits rise 23% to £826mHerald Scotland
Legal & General reports 10% rise in profitEveryInvestor

all 30 news articles »


This is Money

Shares in investment giant Old Mutual drop 5% on profits fall and as break-up could be delayed by FCA probe
This is Money
According to the FCA, in the final three months of last year 53 per cent of savers who chose to dip into their pensions stuck with the same insurer, while 57 per cent of those who signed up for an annuity did not move elsewhere. Old Mutual plans to ...

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