The provider will also look to achieve a 50% reduction in CO2 emissions by 2030
A quarter of savers are more likely to increase their pension contributions if they had a better understanding of the pensions tax relief system, according to research by Royal London.
Life and pensions new business sales at Royal London were 20% lower in 2020 due to the impact of national lockdowns on the UK economy.
Moira Warner looks at what changes to the Judicial Pension Scheme actually mean.
Pension savers have held off from making changes to their pensions despite nearly half having been impacted by the pandemic, research finds.
The £2.3bn withdrawn flexibly from pensions in Q3 represents a 2% year-on-year decrease from monies withdrawn during the same months in 2019, HM Revenue and Customs (HMRC) figures show.
Latest Morningstar monthly flow figures
After speculation gained traction over the weekend, LV= has revealed it is in exclusive talks with Bain Capital over the sale of its remaining pensions and insurance business.
Royal London is eyeing a takeover of LV= that could value the group at around £500m, according to reports.