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 • 1 min read
Royal London chief operating officer Barry O'Dwyer
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Royal London chief operating officer Barry O'Dwyer

Royal London’s bulk purchase annuity (BPA) business performed “strongly” during its first full year of trading, according to the firm’s annual results.

The results, published today (6 March), revealed the firm completed 18 BPA transactions and £1.3bn of premiums in the year to 31 December 2025, after formally entering the market in September 2024....

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