Royal London, the major life and pensions mutual company with offices in Edinburgh and Glasgow, has reported a surge in full-year profit and net inflows despite economic uncertainties. The firm, founded in 1861, unveiled a 19% increase in operating pre-tax profit to £249 million in 2023, attri
Royal London
UK mutual insurer Royal London has announced profits of £109 million for H1 2022 in its interim results. The rise in operating profits before tax is an increase of 36.25% from £80m (H1 2021) and comes after 140,000 new pension policies were taken out by customers in the first half of the
Pensions giant Royal London has confirmed that it has held merger talks with LV=. Royal London has issued a statement revealing that the firm has had initial exploratory discussions with LV=, as the firm believes it could offer an "attractive future for the members of LV=" as part of "a growing and
The pandemic has caused a dramatic rise in financial vulnerability in Scotland as 27% of those in the country now feel more financially vulnerable than they did in March 2020, according to new research from mutual insurer Royal London. Of those, 31% attributed this to a reduced income and 13% had a
Former Scottish Conservative Party leader Ruth Davidson has been appointed as a non-executive director of life insurance, pensions and investment mutual Royal London. Her appointment will commence from June 8.
Almost one in five (17%) of non-advised customers are either too proud or embarrassed to talk to someone about how to manage their finances, according to new research published by pensions giant Royal London.
Royal London has paid out £8.5 million in claims to the families of more than 1,200 customers whose deaths were caused by the coronavirus. The firm, which employs 1,561 people in Scotland, reported an interim loss of £181m after a £397m profit at the same time last year.
Alasdair Gill has been appointed as the new head of XPS Pensions Group's Scotland investment team to help grow its proposition. Alasdair joined the XPS team having previously spent 22 years with Mercer, where he accumulated a wealth of knowledge and experience in the North of England and Scotla