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

Kristy Cotton: Adopting different skillsets as the industry transforms

Kristy Cotton: Adopting different skillsets as the industry transforms

Cotton discusses the rise of AI, revamping the buyout process and planning for the unknown

Holly Roach
clock 09 March 2026 • 5 min read
Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Donation will support a minimum of 55 wellbeing spaces for the next two years

Jonathan Stapleton
clock 06 March 2026 • 3 min read
Royal London BPA business secures £1.3bn of premiums in first full year of trading

Royal London BPA business secures £1.3bn of premiums in first full year of trading

Firm’s annual results show workplace pension membership has reached 2.2 million savers

Holly Roach
clock 06 March 2026 • 1 min read
Trustpilot