Occasionally we do not always get things right and our service falls short of the high standards our customers are entitled to, which result in them making a complaint. There is a strong focus within Royal London to deal with customer complaints effectively and efficiently and Royal London has a commitment to ensure that we investigate all complaints that are made. The complaint handling process is very important to Royal London as it provides the opportunity to sort something out that has gone wrong and also gives us a valuable source of customer feedback.
The table below shows how many complaints we received and closed from 1st July 2018 to 31st December 2018.
Firm Name: The Royal London Mutual Insurance Society Limited
Period covered in this report: 1st July 2018 to 31st December 2018
Brands / Trading Names covered: Royal London, Scottish Life, Bright Grey, Scottish Provident, Royal Liver, Royal London (CIS)
|Number of complaints opened by volume of business|
|Product / service grouping||Provision *||Complaints opened||Complaints closed||Closed within 3 days||Closed in more than 3 days, but within 8 weeks||Complaints upheld||Main cause of complaints upheld|
|Banking and credit cards|
|Insurance and Pure Protection||0.75||3395||3342||72%||26%||49%||
General admin, customer service
|Decumulation and pensions||1.35||4100||4007||54%||39%||52%||
|Investments||0.87||850||845||51%||47%||38%||Advising, selling and arranging|
Disputes Over Sums/Charges
* The number of new complaints per 1,000 policies in force at the end of H2 2018 reporting period.