Royal London profits up as new pension business grows

clock

Royal London went into the black in 2009, with the group boosted by pensions sales and a strong take-up of its Ascentric wrap.

Profit after tax (EEV basis) was £404m for last year compared to a loss of £762m in 2008 although operating profit was down at £171m compared to £213m in 2008. The group's profit from new life, ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Commons overturns salary sacrifice protections, TPR guidance on Virgin Media judgment, LifeSight to launch retirement CDC solution

Professional Pensions
clock 27 March 2026 • 1 min read
Investment mandation would have had 'serious consequences' for members

Investment mandation would have had 'serious consequences' for members

Experts suggest trustees will ‘breathe a sigh of relief’ at the House of Lords vote to remove the power

Holly Roach
clock 27 March 2026 • 1 min read
Most think trust in pensions industry is 'too low'

Most think trust in pensions industry is 'too low'

PP survey finds two thirds agree with pensions minister on lack of trust in industry

Jasmine Urquhart
clock 27 March 2026 • 2 min read
Trustpilot