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Royal Liver Boosts Royal Londons Profits
ROYAL LIVER BOOSTS ROYAL LONDONS PROFITS
Royal London has reported an increased year on year operating profit thanks to the acquisition of Royal Liver despite recording a fall in like for like profits compared to 2010.According to results that were published on March 29th 2012, in 2011, the company made an operating profit of £237M which was lower than the 2010 figure of £243M however the acquisition of Royal Liver increased the figure to £334M. Total funds increased from £42.2Billion to £46.2Billion which includes £2.3Billion assets transferred from Royal Liver .
Royal Liver Superannuitants Association