Our history

We have been helping people plan for their future since 1881. 

1881 - The Scottish Life Assurance Company Ltd was set up by:

  • Mr David Paulin - Managing Director - was sole Superintendent of Agencies of the Scottish Provident Institution
  • John Cowan - Chairman of the Board of Directors - Head of Alex Cowan & Sons, papermakers
  • James Sorley - actuary - FFA, FIA of the Life Association of Scotland

They were paid £300 a year and clerks were paid £30.

1918 - The company was now well established. Many employees were called up to the 1st world war, leaving positions vacant. Women were employed for the first time.

Post war recovery allowed Scottish Life to 'proudly claim that it never failed to declare a bonus, even in the years of war'.

1945 - Business started to rapidly expand.

1967 - Scottish Life became a mutual.

2001 - Scottish Life transferred its business to The Royal London Mutual Insurance Society.

2013 - Scottish Life post record new business figures.

2014 - Scottish Life rebranded to Royal London.

2015 - Bright Grey rebranded to Royal London.

Last updated: 04 May 2016
Our products

We've developed a range of long term pension solutions, each one backed by an innovative investment proposition:

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.