Our workplace pension

Simple to switch to and easy to administer with dedicated ongoing support for you, and your employees

We're committed to giving you and your employees the very best experience. That's why we focus on delivering standout service and support at all times, to ensure you both get the best value from your scheme.

What to expect from a Royal London workplace pension scheme

Our workplace pension scheme has a range of benefits for you and your employees.

Our great service is industry recognised and has been voted 5 stars by advisers. You'll have access to personal support and guidance to make sure your scheme is set up for success from day one. Plus our online service is designed to make it easy for you to manage the day to day running of your scheme, and keep on top of your employer duties. 

Find out more

You can set up a contribution structure that’s competitive and rewards your employees appropriately. You can also choose to introduce a salary exchange arrangement.

Find out more

We believe strong engagement and communication can help drive positive financial futures.

We'll work with you to create a strong employee communication plan, to initially raise awareness of your new workplace pension scheme when it's first set up. Plus the additional support that comes with it, including our free financial wellbeing service and our mobile app, to encourage regular engagement and action longer term.

You'll have access to a range of support materials to engage your employees regularly with their workplace pension. And because it can help increase employee engagement further, we'll add your branding to some of these items - at no extra cost.

Find out more

Our workplace pension default investment option comes with governance as standard.

So you can feel confident your scheme investments are being reviewed regularly, and will be fine tuned if needed, to help ensure they continue to deliver in line with expectations.

Find out more

When your employees want to access their pension savings, there's three main ways that they can enjoy their money. One these options is our income drawdown facility, Income Release.

It gives your employees the flexibility to take regular income when they need it. It's also 5 star Defaqto rated and offers a range of tax-free cash and income options.

Learn more about our range of retirement options.

Find out more

Our financial wellbeing service

Help your employees take control of their finances and build their financial resilience with our free financial wellbeing service.

Easily accessible though our mobile app or online service, it offers access to ongoing financial education and guidance whenever your employees need it - helping them improve their financial knowledge, confidence and wellbeing.

Find out more

What else can you expect from us?

  • We share some of our profits with your employees
    When we do well, we aim to boost members' pension savings by adding a share of our profits to their plan each year. We call this ProfitShare.

  • The power of our mutuality
    We aim to give our customers a positive financial return while moving fairly to a sustainable world. Each year, our investment experts vote at company meetings with the aim of promoting good corporate governance, influencing change and encouraging best practice.

How to set up or switch to a Royal London workplace pension scheme

We want to ensure setting up or moving your workplace pension scheme is the right move for your business. That’s why we only sell our products through financial advisers.

Speak to your financial adviser about switching to Royal London. If you don’t already have one, there are a number of directories to help you find a financial adviser in your area.