ProfitShare for unit-linked customers

We believe our customers should share in our success. 

So when we do well, we'll aim to boost their retirement savings by adding a share of our profits to their plan each year. We call this ProfitShare.

How it works

Step 1

We'll review our financial strength and performance at the end of each year.

Step 2

We'll work out if ProfitShare can be awarded.

Step 3

We'll add the award to
a separate ProfitShare account within
customers' plans.

Step 4

Customers can see the value of their ProfitShare account in their yearly statement, by logging into online service or by downloading our mobile app. 

Step 5

Customers can take the value of their ProfitShare account with the rest of their retirement savings any time after age 55.

 

FAQs

Here you'll find the most common questions we're asked about ProfitShare.

For the last four years, we've increased the retirement savings of our unit-linked pension customers between 0.15% and 0.18% each year. Customers could get more or less than this and there's no guarantee that we'll be able to award ProfitShare every year. But once we've awarded ProfitShare, we'll never take it away.

ProfitShare awards will be given on 1 April each year. In order to be eligible, employees' plans must have been in force on 31 December the previous year and on the date the award is given.

ProfitShare awards will be invested in the same investments as employees' other retirement savings.

Employees will see the value of thier ProfitShare account in their yearly statement, by logging into online service or by downloading our mobile app.

Our with profits customers also benefit from ProfitShare. 
We'll work out their ProfitShare in a different way. You can find out more in the Royal London With Profits Fund factsheet

 

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.