News

Quieter H1 market due to busy second half last year and well-prepared schemes could benefit

While the firm saw adjusted operating profit of £90m, this was offset by its £87m pre-tax loss

But operating profit and bulk annuity sales drop from the same period of 2020

The GMP Equalisation Working Group’s guidance provides an update to its methodology guidance

Just 11% revealed the pandemic made them delay retirement because they could no longer afford it

Dearth of deals in bulk annuity market allow scheme to accelerate its timeline

This comes despite a £454m pre-tax loss for the six months to 20 June

Nearly 600 excess deaths were recorded between 24 and 30 July

Confirmation the investor was planning on selling its fiduciary division

Comes despite heavy reduction in IFRS profit tax for H1 2021 when compared with 2020