Supporting your clients with ProfitShare

Published  11 March 2024
   4 min read

We’re sharing £163 million of our profits with over 2 million eligible customers.

Earlier this month, we announced our 2024 ProfitShare award. We're proud to be sharing £163 million of our profits with eligible customers. Because when we do well, we believe our customers should too. 


Awarding ProfitShare for the eighth year running

It's important we strike the right balance between investing in our business, maintaining our robust financial position and the level of any ProfitShare award. We believe taking this approach helps you and your clients have confidence in Royal London.

We'll continue to do this to make sure we support good outcomes for you and
your clients.

Since 2017, we’ve shared more than £1 billion of our profits with eligible customers. Visit our ProfitShare page and start a conversation with your clients.

  2024 2023 2022 2021 2020 2019 2018 2017
ProfitShare award1 £163m £155m £169m £146m £140m £150m £142m £114m
ProfitShare rate 0.15% 0.15% 0.15% 0.15% 0.15% 0.18% 0.18% 0.18%

1The ProfitShare amounts shown include awards made to with profits customers. These customers will receive a 1.2% enhancement in 2024. 

Remember that ProfitShare isn’t guaranteed.

ProfitShare is just one way our flexible solutions can help you deliver value for your clients.