Royal London

Hannah Brenton assesses views as to how economic growth will change over the next six months.

Royal London Asset Management saw a £495m business outflow last quarter as two large investors ditched their investment strategy with the firm, it announced today.

Royal London group received a boost from pensions arm Scottish Life during the first half of 2011 as its new business increased 10%.

Royal Liver's members have voted in favour of its buyout by Royal London.

Legal & General has reported an 87% drop in new bulk annuities business in the first quarter of this year.

Royal London has signed a deal agreeing terms for the potential takeover of Royal Liver.

Lloyds Banking Group managing director Phil Loney has been appointed group chief executive of Royal London.

Total life and pensions new business across Royal London increased 26% to £2.3bn in the nine months to the end of September.

Royal London Group lost £2m in the first half of 2010, compared with an £18m profit last year.

Scottish Life, the pensions division of Royal London, has seen new business increase by 62% to £1.1bn in the six months ending June 30.