Governed Retirement Income Portfolios (GRIPs)

An investment proposition specifically for income drawdown.



Our Governed Retirement Income Portfolios (GRIPs) are designed for customers who are looking to take a regular income. Available exclusively through our Income drawdown.

They come with the same expert governance and automatic updates that the Governed Portfolios benefit from to help keep the portfolios on track.

There are five Governed Retirement Income Portfolios to choose from depending on the client's attitude to risk.

They are based on sensible risk targets which take account of the level of risk required to achieve a particular level of income.

Each portfolio invests in a mix of equities, high yield bonds, corporate bonds, index linked gilts and property managed by Royal London Asset Management.

Benchmark asset allocations are shown below:

Benefits of the Governed Retirement Income Portfolios

  • Governance at no extra cost
  • Automatic monthly rebalancing
  • Automatic updates to asset mix
  • Option to change the equity fund
  • View the latest details online.


Find out more:

Our portfolios are supported by our income planning tool, which you can use to help:

  1. Select an appropriate level of regular income for your client
  2. Assess your client's attitude to risk and capacity for loss
  3. Select an investment approach from Royal London's range of Governed Retirement Income Portfolios
  4. Understand the risks to your client's future retirement income
  5. And, produce a detailed output document for your client to explain these risks to your client.

To use the tool you must be registered with our online service.

Find out more:

Last updated: 01 Jun 2016

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London EC3V 0RL.