Our governance framework

At Royal London, we know that being upfront and honest is important - and rightfully so. That's why we're always working hard to ensure our business is run in a compliant manner, and that you - our customers and members - can easily find out more about how we do this whenever you want.

We always aim to ensure that our standards of corporate governance are as high as they can be. The UK Corporate Governance Code ('Code') sets out guidance in the form of principles and provisions on how certain companies should be directed and controlled by following good governance practice. While Royal London is not required to comply with the Code, the Board believes that it should continue to apply the Code's principles and provisions.

One of the ways we ensure sound governance is by putting a range of policies and systems in place. These help us make sure that the company is being managed well through effective oversight and control.

The Board has set up a number of committees to help it oversee Royal London's activities, with each committee having specific delegated responsibilities.

Below are links to our key corporate governance documents, including the Board committees' terms of reference:

• Corporate Governance Framework (PDF)
• Articles of Association (PDF)
• Matters Reserved for the Board (PDF)
• Audit Committee Terms of Reference (PDF)
• Disclosure Committee Terms of Reference (PDF)
• Internal Audit Charter (PDF)
• Investment Committee Terms of Reference (PDF)
• Nominations and Governance Committee Terms of Reference (PDF)
• Remuneration Committee Terms of Reference (PDF)
• Risk and Capital Committee Terms of Reference (PDF)
• With-Profits Committee Terms of Reference (PDF)