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Annual Review 2021

Providing our customers with financial security for a better retirement

2021 highlights
Underpinning future growth, the business achieved record assets under management of $110 billion, up 29% driven by strong contributions from both the Life and Funds Management businesses. Normalised net profit before tax of $396 million was within our guidance range and reflected the more defensive and enhanced risk settings maintained throughout the pandemic.

Normalised Net Profit Before Tax


Statutory Net Profit After Tax

$396m    

$592m


Group Assets Under Management


CLC Excess capital

$110bn

$1.6bn