Royal London launches Annuity Bureau service

Jenna Towler
clock

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

The service will be available to Royal London's four million direct customers who do not have a financial adviser as they approach retirement. The annuity bureau, developed with Just Retirement Solutions, is designed to help people shop around and find the most competitive rates. Royal London said it has significantly expanded its current services, which is provided by Prudential. It explained customers can now compare both standard and enhanced annuities from ten annuity providers, including Prudential. The firms represented on the bureau provide 99% of the annuities bought in the...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Income

Doug Brodie: Using investment trusts to solve the drawdown problem

Doug Brodie: Using investment trusts to solve the drawdown problem

Part one in a series...

Doug Brodie
clock 14 November 2025 • 4 min read
'A hard act to beat': Annuity pricing and value for money

'A hard act to beat': Annuity pricing and value for money

‘People cannot have their cake and eat it (although they try)’

William Burrows
clock 04 November 2025 • 5 min read
L&G forecasts annual annuity volumes to more than double to £20bn by 2034

L&G forecasts annual annuity volumes to more than double to £20bn by 2034

To launch blended annuity drawdown product next year

Jenna Brown
clock 23 October 2025 • 4 min read