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RSA sees 95 per cent increase in Q1 profits

Royal & SunAlliance has reported a 95 per cent increase in operating profits to 160m in the first quarter 2005.

The success has been attributed to an efficiency drive brought in by chief executive Andy Haste.

Shares are reported as up 4 pence to 77.5 pence.


L&G races off

The Legal & General accelerated growth investment plan 2 is a guaranteed equity bond which offers geared exposure to the FTSE 100 index over a six-year term.

Muslim money

A few financial services firms are finally turning to offering products suitable for Muslims.

Norwich Union launches Manager of Managers funds with Aon

Norwich Union has appointed Aon Asset Management to select managers for its new range of manager of manager funds.The new range of funds will comprise Income, Cautious, Balanced and Growth funds, and will be available across Norwich Union’s Oeic, Isa and life products. The funds will be launched on 23 May 2005.Aon was chosen by […]

The death of retirement – a boost for protection?

According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20% of total wages, the statutory minimum for a new automatic […]


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