Royal London has reported an annualised return on its 25-year with-profits endowment of 8.4% It cl...
Royal London has reported an annualised return on its 25-year with-profits endowment of 8.4% It claims the benchmark 25-year payout on a Royal London £50 per month 25-year with-profits endowment maturing on 1 January 2008 is £48,773 – a market-leading result. But, last year's 3.9% return is significantly lower than the 2006 return of 11%. The group’s finance director Stephen Shone said while the case for investing in real assets remains strong returns will not continue to equal those seen over the last three decades. “The investment outlook continues to be dominated by low inflation ...
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