Nearly everyone I talk to thinks it's a good idea. The thing is that neither company needs to do a deal.
The figures are good. This is his first proper go at it and the broad strategy is what he inherited from Bloomer. But now we can see the Tucker touch, and the early signs are that it's going to be very good indeed.
As expected, it's redoing its portfolio to focus on the profitable business and that's why there's a continued collapse in individual pensions. It has to focus on profitability; that's clearly what it's about now.