Results state there is ‘no material worsening’ of scheme’s overall funding position
Insurer says ‘buoyant’ bulk annuity market will create ‘considerable’ future opportunities
Half-year results show BPA volumes have risen to £4.1bn
Organisation said it has seen ‘strong momentum’ during the first half of the year
Gross revenues of pension administration and dashboard provider up 7.4%
Firm’s revenues for its pensions advisory businesses saw a 28% year-on-year increase
Half-year results show contribution plan will now consist of annual payments of £3.3m
Canada Life research finds annuity sales increased by 100% compared to H1 2022
Firm also saw strong growth across its advisory and administration businesses
The firm posted strong half-year results and a ‘robust’ balance sheet