Latest pension updates

Remember that schemes which are set up with statutory phasing will see an increase in contributions from April 2018.

Along with global legal practice Eversheds Sutherland, we look at why employers might want to do more than simply meet the legal minimum in terms of their auto enrolment duties.

The Finance (No.2) Act 2017 has passed into law – we look at the impact on the Money Purchase Annual Allowance.

Our latest research looks to understand the key influences on millennials' future long-term pension savings. Here are our top five takeaways to consider when developing a strategy for advising them.

Our new analysis has highlighted the fiscal pressures on the Chancellor due to a combination of spending pressures, revenue shortfalls and an inability to raise politically sensitive rates of tax, NICs and VAT.

Read our research paper, providing insight to millennials' attitudes and behaviours around saving for retirement.

Royal London has been highly commended in the ‘At-retirement solution’ category at Pension Insight’s DC Awards.

Watch a recording of the webinar.

Nersen Pillay, Investment Director at Royal London Asset Management, looks at the powerful role diversification can play when saving for retirement.

Our RLP UK Ethical pension fund becomes RLP Sustainable Leaders fund, in a move that reflects our sustainable approach to investment.

Last week the government announced the pensions dashboard project will go ahead under the DWP.

Our enhancements will make it even easier for clients to access our secure online service area.

We consider the progress of the FCA’s Advice Unit as well as the most recent proposed guidance on insistent clients.

Pension expert, Jim Grant, explains what this is and shares some common events that trigger the lifetime allowance charge.

Building on our five-year track record, we’re making changes to the strategic asset allocation of our GRIPs to improve diversification and make the GRIPs more suitable for more of our drawdown customers.

Our Governed Retirement Investment Portfolios (GRIPs) reach their five-year milestone, and prove their resilience in challenging market conditions.

Watch a recording of the webinar.

Our latest policy paper reveals what the fall in the savings ratio does (and doesn’t) mean.

The Retail Distribution Review (RDR) brought many benefits to the UK pension industry, but it also created an advice gap, resulting in consumers with the smallest funds struggling to access advice at a suitable price.

Transfers from Defined Benefit (DB) schemes are a bit of a hot topic just now. In this article we look at a couple of factors that could prevent a transfer from happening.

Thanks for taking the time to vote for us – we’re delighted to have picked up yet more awards.

Transfers to overseas pension schemes are not recognised transfers unless the transfer is to a Qualifying Recognised Overseas Pension Scheme (QROPS).

New research shows those customers who receive financial advice can be better off on average by £40,000.

In defined benefit (DB) schemes part 1, we looked at recent guidance aimed at DB scheme trustees and sponsors. In part 2 we will look at guidance available to pension transfer specialists (PTS).

Three million workers missing out on £2 billion of 'buy-one, get-one free cash' from their employers

Royal London Asset Management's Head of Multi Asset shares his thoughts about the hung parliament.

Our new research has found huge variations in retirement outcomes for future generations based on the choices they make in a world of Defined Contribution saving.

A number of regulatory papers focusing on DB pension schemes have been released over the last six months. Justin Corliss, Business Development Manager, summarises the main points.

The tables used for capped drawdown maximum income calculations have been updated. We look at the reasons for the change and what the impact could be.

800,000 people at risk of being over-taxed on their pensions – Steve Webb, Royal London Director of Policy writes

New HMRC figures show number of ‘mothers missing out on millions’ in pension rights has doubled in two years – Steve Webb

Families face shock five-figured tax bills after death of a loved one – Steve Webb writes

This special edition of Leading Edge features highlights from the presenters at RLAM's 2017 Investment Conference.

Relevant planholders will be sent their statement packs in June 2017.

There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA.

In her final article for Royal London, Fiona Tait reviews key changes she believes have (or will) transform pensions.

Independent Governance Committee annual report 2016 published- Royal London continues to provide value for money to its workplace pension customers

Royal London Target Lifestyles win Corporate Adviser Ultimate Default Fund of the Year 2017.

More people are using income drawdown than ever before so it's not surprising that for many of you retirement planning often accounts for the largest slice of your business income.

Watch a recording of this webinar which took place on 30 March 2017.

We’ve made improvements to our pension online service login experience.

In November last year, the FCA announced that from 31 March 2017, early exit pension charges will be capped at 1% for those customers who are eligible to access their retirement savings from age of 55.

Fiona Tait takes a closer look at the Department for Work & Pensions’ forthcoming review of automatic enrolment

Trevor Greetham reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment.

Royal London reaches £1bn milestone of assets under management for the Governed Retirement Income Portfolios.

The DGS is more than just a pretty website, it can help you to target those clients who are most likely to be affected by the proposed cut in the Money Purchase Annual Allowance MPAA).

We look at how higher DB transfer values could cause a lifetime allowance issue and how that affects the advice process.

Do guarantees benefit customers and if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money.

Trevor Greetham, Head of Multi Asset at Royal London Asset Management tells us why 2016 was the best year for multi asset returns since 2009.

In September 2016 we told you about our updated annuity bureau process, and since then we’ve added more providers to our panel.

Please join us from 9.30–10.30am on Thursday 9 February 2017 for a webinar.

We'll shortly be writing to customers who took out a Pension Portfolio plan between 11 January and 30 May 2016 to tell them about a further retirement income option we’ve added to their plan from 30 May 2016 - combined regular payments of tax-free cash and taxable income payments.

On 6 April 2015 new legislation came into force that introduced new responsibilities for trustees of occupational money purchase pension schemes. 

We're mailing trustees, employers and customers to tell them about changes to their pension plans to cater for the new pension flexibility.

Supporting you through the change.

Last updated: 16 Aug 2017

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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. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.