“So it is about the quality of service and ultimately the delivery of good investment performance, delivered in a responsible way. And we can offer that without offering thousands of funds.”
Today (March 4), Royal London published its financial results for 2021. Profit before tax tripled to £133mn last year, returning to higher levels after the impacts of Covid-19 was a profit of just £41mn in 2020.
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Its assets under management now sit at £164bn, up from £148bn the previous year. Whilst net flows into its asset management business increased from £3.87bn to £5.28bn.
ruby.hinchliffe@ft.com
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