Pru´s UK business sales hit by introduction of RDR

FTSE 100-listed financial services group Prudential has reported a positive start to 2013 driven by continued profitable growth in its businesses in Asia. Even so, the firm´s shares are now declining albeit after being one of this year´s best performers in the sector and after the introduction of the Retail Distribution Review (RDR) hit business sales here in the United Kingdom.

FTSE 100-listed financial services group Prudential has reported a positive start to 2013 driven by continued profitable growth in its businesses in Asia. Even so, the firms shares are now declining albeit after being one of this years best performers in the sector and after the introduction of the Retail Distribution Review (RDR) hit business sales here in the United Kingdom.

The UK's biggest insurer said first-quarter revenue rose 8%, coming in slightly ahead of analysts' estimates. Sales, as measured on an annual premium equivalent basis, climbed to 1.04 bn pounds.

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