Tag Archives: Royal London

Good times for Royal London’s workplace GPP book?

On the face of it Royal London’s 13% increase in workplace assets looks good news Some are confused about whether without a master trust, Royal London can get to size. This is no longer a problem despite the glum look  … Continue reading

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Will DC ever have a period of market “certainty”?

Another group of worthy souls worry about the market uncertainty that DC schemes find themselves in (report here from Corporate Adviser). Could I throw a spanner in the wheels and suggest that what those in DC schemes want is some … Continue reading

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Standard Life buys Aegon UK for £2bn – as predicted.

We have had through the morning a stream of announcements from various parties What will this mean for the master trust and dwindling GPP market that Aegon once looked so central to. Scottish Equitable was Aegon before the Dutch bought … Continue reading

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A great British Fintech is no fit for NatWest.

It is intriguing to consider what Cushon’s workplace pension (let’s put aside their ISA) to the three named suitor. There are many others who might have been on the suitors list, where the prospect of the master trust achieving Scale … Continue reading

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Royal London’s IGC report’s a good audit of 2024; but the customer’s left out!

I am pleased that Royal London have based the purpose of its IGC in Value for Money and hope that this will be the basis not just for commercial insurers active in the workplace and to policyholders but to commercial … Continue reading

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OFT and IGCs set pensions on a road to VFM – here’s Royal London ever at the fore!

Peter Dorward keeps the flame for IGCs alight Those who have followed this blog will know that I have charted the progress of IGC reports since the 2015 vintage (which were published the April after). At that time the workplace … Continue reading

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Insurers mobbed by small DB plans; – but £bn + business is drying up

Thanks to Martin Richmond of Professional Pensions and Charlie Finch of LCP for giving us a heads up on the shift towards insurance in 2025. Bulk Purchase Annuities are being exchanged for the assets of small DB pension plans but … Continue reading

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Don’t let Workplace GPPs get left behind

There is a very real chance that millions of personal pensions set up to comply with auto-enrolment will become unloved deferred small pots as their employers switch to participating in master trusts and GPP providers start to consider the GPP … Continue reading

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Assessment of 2021 IGC reports – a boring read but an important one!

Despite the efforts of the FCA to make IGC reporting more relevant to ordinary savers, I found this crop of IGC reports were bland and unambitious in their reporting of VFM. No IGC suggested that  value for money was not … Continue reading

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Royal London’s IGC – dour, impenetrable but effective

  Royal London’s IGC report for 2021 is a rather dour affair, in contrast to others. Its sombre colour scheme is complimented by a formal style of delivery with an emphasis on good governance rather than member engagement. Even the … Continue reading

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