ANNUAL GENERAL MEETING 14 JUNE 2017 PHIL LONEY PHIL LONEY GROUP - - PowerPoint PPT Presentation

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ANNUAL GENERAL MEETING 14 JUNE 2017 PHIL LONEY PHIL LONEY GROUP - - PowerPoint PPT Presentation

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ANNUAL GENERAL MEETING 14 JUNE 2017 PHIL LONEY PHIL LONEY GROUP CHIEF EXECUTIVE 2 Our AGM is an important day for us 11 June 2014 Royal London AGM 2014 3 Pullout text layout 02. Georgia Regular 16pt. Lorem ipsum dolor sit amet,

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ANNUAL GENERAL MEETING

14 JUNE 2017

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PHIL LONEY

GROUP CHIEF EXECUTIVE

2

PHIL LONEY

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3 11 June 2014 Royal London AGM 2014

Our AGM is an important day for us

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18 September 2018 Presentation info in footer 4

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HEADLINE FINANCIAL RESULTS

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5 11 June 2014

220 230 240 250 260 270 280 290 2015 2016

£244m £282m

£282m

+ 16%

EMBE EMBEDDED DDED VAL ALUE UE OPE OPERA RATING TING PR PROFIT OFIT

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6 11 June 2014 Royal London AGM 2014

1 2 3 4 5 6 7 8 9 10 2015 2016

£8.7bn £6.8bn

£8.7bn

+ 28%

NE NEW W BUS USINES INESS S PRE PREMIUM MIUMS S

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Royal London Asset Management funds under management topped £100bn

11 June 2014 Royal London AGM 2014

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Protection and pensions both saw record new business volumes

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9 11 June 2014 Royal London AGM 2014

We have been pursuing our current strategy for more than four years

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Bigger and more established presence

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11 11 June 2014 Royal London AGM 2014

£114m

+ 63%

PROFITSHARE

2015 2016

ProfitShare after tax

With-profits Unit-linked Total £70m Total £114m £77m £37m

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OVER ONE MILLION MEMBERS

2014 2015 2016 2017

0.67m 0.89m 1.08m 0.53m

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Digital communication

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Royal London Charitable Foundation

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PENSIONS

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16 11 June 2014 Royal London AGM 2014

In 2016 we brought another 190,000 people into workplace schemes

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Final stage of auto-enrolment

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Government lobbying

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The “Pensions Freedoms” and drawdown

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2015 2016

£3227m £3778m

£3778m

+ 17%

INDIVIDU INDIVIDUAL AL PEN PENSIONS SIONS AND AND DRA DRAWDO WDOWN WN

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CONSUMER

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There was strong growth in the Consumer business

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2015 2016

£165m £301m

£300m

+ 82%

CONS CONSUMER UMER SALE SALES S

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Prepaid Funeral Plans

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Over 50s Life Cover and Life Insurance products both continued to perform well, with sales up 96% and 51%

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ROYAL LONDON ASSET MANAGEMENT

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27 11 June 2014 Royal London AGM 2014

Strong growth with net inflows

  • f £2.3bn in

2016

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2015 2016

£85bn £100bn

£100m

+ 18%

FUNDS FUNDS UNDE UNDER R MAN MANAGEM GEMEN ENT T

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RLAM managed pension and with-profit funds enjoyed strong absolute returns

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With-profits fund returning 13.8% compared to 4.1% in 2015

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BRAND

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TELEVISION ADS

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TELEGRAPH CAMPAIGN

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PBA – Prompted Brand Awareness has increased significantly to 57% of the UK’s adult population

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ROYAL AL LONDO ONDON N PR PROMO OMOTED TED AWARENE WARENESS SS

10 20 30 40 50 60 70 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 PBA %

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REWARDING SUCCESS

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1. 2. 3. COMPANY OF THE YEAR

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RECORD INVESTMENT

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Investing in tools for customers and financial advisers

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Bringing our two protection businesses together

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One of four top protection companies selling via intermediaries in the UK

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Building a new platform for

  • ur pensions business
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DOING MORE FOR CUSTOMERS

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Faster claims payments and new online tools

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Corporate Governance

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LOOKING FORWARD

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Stronger Products Better Service Visible Brand Healthy Market Share

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WE ARE CONFIDENT IN OUR STRATEGY