LV= retirement business has increased sales by 15% to £142m and profits by 20% to £33.7m in the last year, business results have revealed.
Retirement business reported 14% growth in sales to £114m, up from £100m in 2010. Protection business was up 18% to £28m, it was £23.7m in 2010.
Life and pensions managing director Richard Rowney said he was pleased with the results "despite a challenging economic backdrop and preparations we've needed to make for significant regulatory changes".
He said the business was committed to listening to advisers and providing appropriate products, alongside technical advice.
LV= also predicts both equity release and income protection will increasingly be utilised by advisers post-RDR.
Speaking after the release of the results, managing director of retirement solutions John Perks said: "We are seeing the retirement market pretty well placed. The business we are in is mostly single premium consolidation. It is already on a fee basis, so naturally fits with customer agreed remuneration.
"We expect some positives - more advisers will be looking at income protection and equity release. We understand it is a huge disruption to the market place but we are here to support advisers."
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