Royal London operating profit grows 16%

Interim results show firm also saw net inflows increase by 25% to over £3.2bn

Holly Roach
clock • 2 min read
Royal London operating profit grows 16%

Royal London’s operating profit grew by 16% during the first half of 2023, according to its interim results.

The firm's results showed its operating profit across the six months ending 30 June sat at £127m, up from £109m at the same period the year prior. The mutual insurer said this growth reflected s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Senior government minister urges chancellor to reintroduce LTA

Senior government minister urges chancellor to reintroduce LTA

Reports say memo from Angela Rayner to Rachel Reeves called for range of tax changes

Martin Richmond
clock 21 May 2025 • 1 min read
PP Live 25: TPR says pensions system is 'unfinished business' and can 'work better' for savers

PP Live 25: TPR says pensions system is 'unfinished business' and can 'work better' for savers

CEO sets out how regulator will work with the pensions industry to deliver value

Holly Roach
clock 21 May 2025 • 2 min read
Higher household bills push UK inflation to 3.5%

Higher household bills push UK inflation to 3.5%

CPI rose by 3.5% in year to April, up from 2.6%

Cristian Angeloni
clock 21 May 2025 • 2 min read
Trustpilot