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PHIL LONEY
GROUP CHIEF EXECUTIVE
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PHIL LONEY GROUP CHIEF EXECUTIVE 1 Our AGM is an important day - - PowerPoint PPT Presentation
PHIL LONEY GROUP CHIEF EXECUTIVE 1 Our AGM is an important day - - PowerPoint PPT Presentation
PHIL LONEY GROUP CHIEF EXECUTIVE 1 Our AGM is an important day for us its a day when we get together and share our strategy 2 COMPANY PERFORMANCE Supported 1,400 employers through auto enrolment 110,000 new
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COMPANY PERFORMANCE
- Supported 1,400 employers
through auto enrolment
- 110,000 new policyholders
- Continued to roll out new
products in our Consumer division
- Continue to build one
company behind one brand
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COMPANY PERFORMANCE
- Excellent quality products
- Market leading customer service
- Strong investment performance
- Hassle free claims service
- Financial education through Money Manager
- A profit sharing approach for eligible customers
ROYAL LONDON
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PROFIT PERFORMANCE ROYAL LONDON
- Sales of new premium pensions business were up by 39% on 2013
- Asset management attracted £2 billion of new money
- Asset under management rose by 12% year on year to £82 billion
- Core operating profit £220 million before tax, a healthy 12% increase on 2013
- Good progress integrating the businesses required from Co-op
- £61 million one off hit to our profits due a price cap on workplace pensions
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PROFIT SHARE
- Allocated a profit share of
£60 million to relevant policyholders
- £466 million the amount
shared with eligible members since 2007
- We continue to work with
the Financial Conduct Authority (FCA) to find ways in which profit share can be distributed more widely amongst members
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INVESTMENT MATTERS
- Royal London Asset Management (RLAM) continues to deliver.
Winning a series of awards
- Fixed Income Manager of the Year at the European Pension
Awards
- RLAM won 13 industry awards for investment performance
and service quality
- Our pension members money is managed in 1 of 9 portfolios,
determined by the members attitude to risk
- Governed portfolios enjoyed investment growth of 7.6%
ROYAL LONDON
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INVESTMENT PERFORMANCE
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ROYAL LONDON
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BETTER AND FAIRER PRODUCTS
- Winner of Best Drawdown Provider
at the Moneyfacts Awards
- Over 50’s Life Cover – fairer cover
and better value
- Annuity Bureau launched last
August
- Online Life Insurance
- Winner of Best Life Insurance title
at the Personal Finance Awards
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CUSTOMER SERVICE AWARDS ROYAL LONDON
- 2014 Company of the Year in the Financial Service Awards
- Scottish Life and Bright Grey awarded five-star rating service for service
- Scottish Life voted best for service
- Scottish Provident named Best Critical Illness Provider
- In 2015 we plan to bring Scottish Provident and Bright Grey together as a
single Royal London branded business
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CLAIMS
- Paid out £227 million in
claims in 2014
- 99% life insurance claims
- 95% serious illness claim
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BRAND LAUNCH
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BECOMING A HOUSEHOLD NAME
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BRAND
- Second year sponsoring 50 Over
International and county cricket for both men and women
- Members can enter to win tickets
for games on our members section
- f our website
- Sponsor the ITV weather forecast
for Greater London area
- Next 3 years we will be sponsoring
the pelicans in St James Park, Westminster
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MEMBERSHIP
- Visit the members area:
www.royallondon.com/members
- Straight forward guides to your
finances and our Money Manager planning too
- Annual Report and Account
- Register your email address
- nline to be entered into a prize
draw!
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