RLAM points to RDR benefits as inflows return

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Royal London has seen inflows return to its asset management unit in H1 and pointed to Retail Distribution Review (RDR) implementation as a key driver of growth across the business.

Net new business at Royal London Asset Management stood at £308m in H1 2013, the group said, compared with net outflows of £310m in H1 2012. That helped drive up total funds under management in its...

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