When your client switches their workplace pension scheme to Royal London, their employees have the option to transfer existing pension savings into their new workplace plan.
Our direct offer service offers employees a streamlined way to move their existing pension savings to Royal London. For pension schemes eligible for direct offer, you can decide how you want to run the process, with support from us throughout.
Employees can also transfer into their new workplace pension at any time through our online service or mobile app.
-
Get the details
Provide details about the previous scheme, so we can make sure it meets our direct offer requirements.
-
Engage the employees
We'll help your workplace client engage their employees about transferring to their new workplace plan.
-
Make the offer
Once ready to make the offer, the employees receive an engagement pack outlining what they need to think about before making a decision.
-
Request the transfer
Once our dedicated transfer team receive confirmation to start the transfers, they'll take it from there.
-
Complete the transfers
The same team will make sure each transfer is processed and keep you up to date with the progress.
-
Royal London direct offer
-
Your direct offer
-
Fully advised transfer
Why transfer to Royal London
Easier to manage
Bringing pension savings together can make them easier to manage.
Keep track of old pensions
Reduce the risk of losing track of other pensions.
Clearer view of pension savings
Easier to see if employees are on track for the retirement they want.
Award-winning workplace pension
Our workplace pension is recognised for the quality of its proposition, service and support.
One clear charge
The same charge applies to our workplace pension and Stocks and Shares ISA.
ProfitShare eligibility
Both our workplace pension and ISA are eligible for ProfitShare. ProfitShare isn’t guaranteed.