attracted £8.0 billion of new client investments during the first half of 2023
annuali sed retention of 95.6% in the first half of the year.
iven the scale of inflationary pressures facing consumers in the UK it is, however, little surprise that we have seen a return to more normal investment withdrawal rates across our pensions and bonds business, together with an increase in surrender rates across smaller unit trusts and ISA portfolios
Beyond our operating and financial performance, it has been a period of intense activity regarding progress agains t our six business priorities, as well as in our preparation for the FCA’s new Consumer Duty regime.
we look ahead, there continue to be challenges for UK consumers, but as a long-term business our focus remains on ensuring we are well positioned to support our advisers build great relationships and deliver trusted and valued face-to-face advice over time.
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.