Invest in your people and business
As an employer, you're in the unique position of being able to directly impact your employees' financial futures. There's lots to consider, from the default fund and additional benefits available for your people, to how much it will cost and whether it will work with your payroll.
You're probably trying to decide why you should choose Royal London. There are benefits to us being the largest mutual life, pensions and investment company in the UK and to having the experience gained from being over 150 years old1. But the real benefits lie in the fact that we're here to support you and your employees. We've made our workplace pension simple to set up and easy to administer. Backed by a dedicated team offering ongoing support for you and your employees.
1 Based on total 2022 premium income. ICMIF Global 500, 2024
You'll be given your own implementation manager who'll take ownership and accountability for setting up your scheme. They'll offer you personal support and guidance, along with full training (for you and your team) on our online service.
Once you're up and running, this support will continue with your dedicated servicing team.
It can be confusing when you first set up a workplace pension so we're always on hand to keep you on the right track. From day one.
Once you're up and running, you'll receive ongoing support from our dedicated servicing team. They'll help as and when you need them - keeping an eye on your scheme to make sure everything stays on track and helping you keep on top of your employer duties.
It's easy to get started with our online service. Your implementation manager will provide you with your login details and teach you and your team how to use it.
The service will show you the details of your scheme and will allow you to process payments. It'll also notify you of upcoming tasks and responsibilities to help you keep on track.
Our default solution belongs to our range of target lifestyle strategies, part of the Governed Range. Target lifestyle strategies are tailored for people with different retirement goals and timelines.
The Royal London Balanced Lifestyle Strategy (Drawdown) default solution has been designed to help employers and scheme members address changing needs and the increased level of choice created by the pension freedoms.
Auto enrolment is a legal requirement with duties you must fulfil as an employer. We realise this can feel daunting so we're here every step of the way to explain what's needed, and when.
To help you stay on top of your duties, our online service will highlight the tasks you need to carry out, and our range of guides and videos will guide you through each process. And if you're still unsure, your servicing team are only a phone call away.
Take the hard work out of creating the communications you need with our ready-made campaigns. Let employees know what they can expect from their pension and how to make the most of the added features available.
Choosing a suitable pension scheme is just the first step. You can help your employees understand the benefits of their workplace pension and how to improve their financial wellbeing with emails, letters and posters.
Our communications toolkit will offer the support you need, giving you time to focus on running your business.
Salary exchange is an agreement between you and your employees, where they agree to exchange part of their salary, bonus or even redundancy package for an increased employer contribution payment to their workplace pension.
A salary exchange arrangement on your workplace pension scheme could help save money and improve the benefits package you offer your employees. However, there are things you'll need to think about and decisions to make.
We'll work closely with you to set up your arrangement and to get employees on board.
You'll be given your own implementation manager who'll take ownership and accountability for setting up your scheme. They'll offer you personal support and guidance, along with full training (for you and your team) on our online service.
Once you're up and running, this support will continue with your dedicated servicing team.
It can be confusing when you first set up a workplace pension so we're always on hand to keep you on the right track. From day one.
Once you're up and running, you'll receive ongoing support from our dedicated servicing team. They'll help as and when you need them - keeping an eye on your scheme to make sure everything stays on track and helping you keep on top of your employer duties.
It's easy to get started with our online service. Your implementation manager will provide you with your login details and teach you and your team how to use it.
The service will show you the details of your scheme and will allow you to process payments. It'll also notify you of upcoming tasks and responsibilities to help you keep on track.
Our default solution belongs to our range of target lifestyle strategies, part of the Governed Range. Target lifestyle strategies are tailored for people with different retirement goals and timelines.
The Royal London Balanced Lifestyle Strategy (Drawdown) default solution has been designed to help employers and scheme members address changing needs and the increased level of choice created by the pension freedoms.
Auto enrolment is a legal requirement with duties you must fulfil as an employer. We realise this can feel daunting so we're here every step of the way to explain what's needed, and when.
To help you stay on top of your duties, our online service will highlight the tasks you need to carry out, and our range of guides and videos will guide you through each process. And if you're still unsure, your servicing team are only a phone call away.
Take the hard work out of creating the communications you need with our ready-made campaigns. Let employees know what they can expect from their pension and how to make the most of the added features available.
Choosing a suitable pension scheme is just the first step. You can help your employees understand the benefits of their workplace pension and how to improve their financial wellbeing with emails, letters and posters.
Our communications toolkit will offer the support you need, giving you time to focus on running your business.
Salary exchange is an agreement between you and your employees, where they agree to exchange part of their salary, bonus or even redundancy package for an increased employer contribution payment to their workplace pension.
A salary exchange arrangement on your workplace pension scheme could help save money and improve the benefits package you offer your employees. However, there are things you'll need to think about and decisions to make.
We'll work closely with you to set up your arrangement and to get employees on board.