Royal London eyes 'superior' technology for pensions business

Barry O'Dwyer reveals digital platform plans for pensions arm

Sahar Nazir
clock • 1 min read

Royal London is rolling out new technology that is says is “significantly superior” to its competitors, according to group chief executive Barry O'Dwyer.

Speaking to Professional Adviser, O'Dwyer said Royal London is in the process of rolling out a digital platform for its pensions business. He revealed that this platform is currently being tested with a select group of advisory firms before its full-scale rollout to the market. He also noted that it addresses the shortcomings of outdated platforms prevalent in the industry. The announcement has come as the life, pensions, and investment firm's operating profit before tax increased by 19% to £249m in the year ended 31 December 2023. O'Dwyer said Royal London's technology may have...

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