Inflows into the Lump Sum sub-market grew by 6.6% with most companies reporting at least some increase in business. Among the market leaders, TAL (6.4%) and OnePath (6.3%) experienced the highest percentage increases in their Inflows year on year.
Risk Income Inflows increased 5.8% over the past year. Among the better performers in percentage terms were TAL (12.0%) and OnePath (11.1%).
Overall Group Risk Premium Inflows were up 19.7%. Of the larger companies, AIA (28.1%) and TAL (26.1%), recorded well aboveaverage percentage increases in their annual Group Risk Inflows, largely due to pricing increases.
Source: Plan For Life