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  "documentTitle": "M&amp;G | Results Presentation Deck | 65 slides",
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  "presentationDate": "2024-03-01 00:00:00",
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      "text": "Regulatory SCR (£bn)\nYE 2022: With-Profits SCR 2.5, Share-holder SCR 4.7, Capacity for Tier 2 plus Tier 3 3.6, Capacity for Tier 3 1.1\nYE 2023: With-Profits SCR 2.4, Share-holder SCR 4.4, Capacity for Tier 2 plus Tier 3 3.4, Capacity for Tier 3 1.0",
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      "text": "Tier 2 and Tier 3 capital can jointly contribute to Own Funds only as much as a value equivalent to 50% of the regulatory SCR\nTier 3 capital can contribute to Own Funds at most by a value equivalent to 15% of the regulatory SCR",
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      "text": "Restrictions\nYE 2022 | YE 2023\nTier 2 + Tier 3 restriction\nValue of subordinated debt | 2,998 | 3,063\nDeferred Tax Asset | 598 | 536\nTotal Tier 2 + Tier 3 capital | 3,596 | 3,599\n50% of regulatory SCR | 3,597 | 3,383\nRestriction | 0 | 216\nTier 3 restriction\nDeferred Tax Asset | 598 | 536\n15% of regulatory SCR | 1,079 | 1,015\nRestriction | 0 | 0",
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      "text": "Solvency II Capital restrictions",
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