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

PPI highlights challenges of designing pensions policy for low earners

PPI highlights challenges of designing pensions policy for low earners

Report outlined important factors which could impact the ability of lower earners to save

Martin Richmond
clock 30 October 2025 • 3 min read
News Digest: New York City pension chief defends 'optimistic' tech valuations

News Digest: New York City pension chief defends 'optimistic' tech valuations

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

Professional Pensions
clock 30 October 2025 • 1 min read
Industry says companies focus too much on cost over member outcomes

Industry says companies focus too much on cost over member outcomes

PP survey shows 65% concur with assertion made by pensions minister at Pensions UK conference

Martin Richmond
clock 29 October 2025 • 2 min read
Trustpilot