Royal London sees continued fall in pensions sales

Workplace new business premiums remain 25% down from their pre-pandemic levels

James Phillips
clock • 1 min read
Royal London group chief executive Barry O'Dwyer
Image:

Royal London group chief executive Barry O'Dwyer

Royal London pensions new business sales remain below their pre-pandemic levels despite a surge in profit across the business.

According to the firm's half-year results, published today (5 August), the present value of new business premiums within individual and workplace pensions for the first half of 2021 fell by 7% to £...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

News Digest: Andy Burnham pledges to back pension campaigners claiming billions

News Digest: Andy Burnham pledges to back pension campaigners claiming billions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 11 June 2026 • 1 min read
Government publishes consultation on DB surplus flexibilities

Government publishes consultation on DB surplus flexibilities

Draft regulations set out conditions that must be met to release surplus

Holly Roach
clock 10 June 2026 • 3 min read
Smart Pension surpasses £10bn in assets under management

Smart Pension surpasses £10bn in assets under management

Organisation now manages the pensions of two million savers and 100,000 employers

Holly Roach
clock 10 June 2026 • 2 min read
Trustpilot