Prudential has posted a 41% jump in operating profit to £968m in the first half, well ahead of expectations.
Despite incurring a £377m pre-tax hit as a result of the aborted AIA takeover, the group was also able to increase its interim dividend by 5% to 6.61p per share In the UK, Pru's IFRS operating profit...
Zero-tolerance approach to ailing companies
There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers.
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