Royal London

        Pensions freedom risks becoming ‘infamous example of political bungling’ – Royal London

        Professional Adviser | 12 Feb 2015 | 07:33

        George Osborne’s pensions freedom package, due to come into force in April, is at risk of becoming an “infamous example of political bungling” unless advice concerns are addressed, Phil Loney has said.


        Ascentric's Thorman sets exit date after Royal London buyout

        Ascentric managing director Hugo Thorman is to leave the firm this summer following Royal London's buyout of the platform's minority shareholding in the business.

        Professional Adviser | 13 Jan 2015 | 17:38

        ‘I’m hanging my hat on simplified advice’: The future of retirement advice post-2015

        Politicians have painted annuities as ‘toxic products’ but guaranteed income is the bedrock of retirement for the majority. Providers are betting on simplified advice to square the circle, writes Jenna Towler

        Retirement Planner | 09 Dec 2014 | 09:59

    Other Royal London articles


      Ordinary retirees 'urgently need simplified advice' to cope with pension freedoms

      A workable and affordable simplified advice framework must urgently be established to ensure ‘ordinary savers’ properly benefit from next year’s pension freedoms, delegates heard.

      Professional Adviser | 10 Nov 2014 | 07:45

      Royal London seeks 'low cost' advice partners for non-advised retirees

      Life, pensions and investment company Royal London is seeking to provide its non-advised retirees with access to independent advice "at low cost" in the wake of the Budget pension freedoms.

      Professional Adviser | 06 Nov 2014 | 07:45

      Royal London pre-tax profit drops 45% as pension charge cap bites

      Royal London has reported a 45% slump in pre-tax profit in H1, pointing to regulatory charges as a key contributor, while its wrap platform Ascentric saw new business slide 20%.

      Professional Adviser | 19 Aug 2014 | 10:11

      Royal London launches Annuity Bureau service

      Royal London has launched an annuity shopping around service to assist customers looking to buy a guaranteed income for life at the best rates.

      Professional Adviser | 13 Aug 2014 | 14:15

      Royal London's Taylor to take over as Ascentric MD

      Jon Taylor, head of the former Co-op life insurance business, is to replace Hugo Thorman as managing director of platform Ascentric.

      Professional Adviser | 28 Jul 2014 | 11:33
      clock striking twelve with pound sign

      Royal London to pay commission on workplace pensions until 2016

      Royal London has said it will continue to pay adviser commission on its workplace pension schemes - currently branded Scottish Life - until 2016.

      Professional Adviser | 14 Jul 2014 | 12:29
      The Co-operative Bank

      Co-operative Bank receives £100m cash injection

      The Co-operative Bank has received a £100m cash injection from its former parent as part of attempts to fill a £1.5bn black hole.

      Professional Adviser | 14 Jul 2014 | 07:45

      Five retirement stories you might have missed

      In this week’s Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

      Retirement Planner | 13 May 2014 | 17:13

      Royal London pension business up almost 20% in first quarter

      Royal London new life and pensions business was up 18% to £989m in the first quarter of the year, with group pensions benefitting significantly from auto-enrolment.

      Professional Adviser | 13 May 2014 | 08:01

      Retirement guidance guarantee ‘does not go far enough’ - Loney

      The promise of guidance at retirement “does not go far enough” and a new form of retirement-focused advice must be created by the regulator, according to Royal London.

      Professional Adviser | 13 May 2014 | 07:41

      Royal London brings D2C offering to the masses with TV ad campaign

      Royal London is embarking on its first television advertising campaign in over a decade in order push it's direct to consumer (D2C) offering to the public.

      Professional Adviser | 28 Apr 2014 | 11:31

      Royal London CEO: We need a 'new form' of advice after Budget pensions move

      Royal London Group chief executive Phil Loney has called on the industry and regulator to come up with a "new form of advice" to service those at point of retirement and meet the challenge set by the Chancellor.

      Professional Adviser | 03 Apr 2014 | 07:34

      Royal London profits up on CIS acquisition and new business surge

      Royal London's operating profits for 2013 were up to £346m, with new business accounting for £70m of the gains.

      IFAonline | 01 Apr 2014 | 07:52

      Royal London appoints new head of intermediary in management reshuffle

      Royal London has appointed a new head of intermediary business and chief financial officer in a management reshuffle.

      IFAonline | 26 Feb 2014 | 12:00

      RLAM reports record 2013 for new business in strong Royal London results

      Royal London Asset Management (RLAM) has reported a record year for external new business in 2013, with gross inflows up almost 70%, a highlight in a strong set of results for its life company parent.

      IFAonline | 12 Feb 2014 | 10:22

      Royal London announces management-led buyout of 360°

      The Royal London group has entered in to an agreement with funds advised by independent private equity firm Vitruvian Partners to support a management-led buyout of Royal London's offshore arm 360° and its subsidiaries for an undisclosed sum.

      IFAonline | 14 Nov 2013 | 16:27

      Ascentric hits third quarter of record net new business

      Royal London's Ascentric wrap platform has achieved a third quarter of record net new business, with £1.25bn of new assets for the year to date.

      IFAonline | 05 Nov 2013 | 08:07

Job of the week


    Should non-advised retirees cashing in their pension pots be given a 30 day cooling-off period?