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Chira Barua: Strong demand from customers, employers and advisers
Lloyds Banking Group's insurance, pensions and investments (IP&I) business – which includes Scottish Widows – has posted a 70% rise in underlying profits and 20% growth in assets under administration (AUA).
The firm's half-year results – published today (30 July) – showed underlying profit on a year-on-year basis in the firm's workplace pensions, protection and investments business had grown to £245m ...
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