Royal London makes £1bn move to Ireland over Brexit

Royal London has been given approval to transfer over £1 billion worth of assets to Ireland as the fund manager steps up its Brexit contingency planning.

Royal London has been given approval to transfer over £1bn worth of assets to Ireland as the fund manager steps up its Brexit contingency planning.

The life, pensions and investment company has £114bn in total funds under management, received approval from the High Court on Tuesday for the move, which involves over 500,000 policies.