Annual Reports

How we're doing

View our Annual Report and Accounts to learn more about our Purpose, strategy, financial performance and how we support customers, advisers and our wider communities.

2021 Annual Report

Royal London plays an important role in how society moves fairly towards a sustainable world. Our customers are not simply investing for the future – they are invested in it.

Our mutual status means that all the profit we make is either returned to eligible customers by ProfitShare or reinvested in the business to enhance the services provided to customers. This drives the decisions we make, every day.

Commenting on Royal London’s 2021 financial results, Barry O’Dwyer, Group Chief Executive said:

"In 1861, Royal London was established by working people to help families to protect themselves from the shame of suffering a pauper’s funeral.  Although our business has grown and developed over the years, our purpose as a mutual has never been more relevant.  We help families in the UK and Ireland to protect what they have today and invest in a better tomorrow.  We are responsible stewards of our customers’ money.  As a mutual, our customers get to share in our success."

"2021 was a good year for Royal London.  Sales and profits are both up on last year.  We have maintained very strong flows into our asset management business, helping assets to hit record levels.  Our Governed Range remains a hugely popular choice amongst independent financial advisers and this range alone accounts for over £50bn of our customers’ investments.  The action we have taken to reduce the carbon intensity of the equity investments in this range shows that a well-run portfolio can generate excellent returns in a responsible way."

For more information please take a look at our Annual Results 2021 press release.

2021 Group Annual Reports

Annual Report Archive

If you'd like to read one of our previous annual reports, you can find everything you need in our annual reports archive.