Royal London signs Armed Forces Covenant
Royal London, the UK’s largest life, pensions and investment mutual, has become a signatory of the Armed Forces Covenant.
The agreement formalises Royal London’s commitment to supporting the Armed Forces community and recognises the contribution to the country that serving military personnel, veterans and their families have made and continue to make.
The covenant was signed by Barry O’Dwyer, Group Chief Executive of Royal London, and Air Vice-Marshal Ranald Munro CBE, TD, VR, DL, Commander United Kingdom Strategic Command, on behalf of the Ministry of Defence (MoD).
Through choosing to partner with the MoD by signing the Armed Forces Covenant, Royal London demonstrates its intention to support the Armed Forces community and provides them with the opportunity to be recognised by the Employer Recognition Scheme award. The award shows that Royal London is delivering tangible support for the Armed Forces community. The Ministry of Defence, as the representative of HM Government, welcomes these commitments and is grateful for the support being pledged and provided.
Barry O’Dwyer, Group Chief Executive at Royal London, said: "We recognise the contribution that service personnel, reservists, veterans, and military families make to our organisation, our community and to the country. It’s a privilege to sign the Armed Forces Covenant on behalf of Royal London. We know we have reservists and veterans as colleagues, but it’s also important to make a commitment to advocate for those customers that are and were service personnel. We are proud to be an employer, with a supportive culture for the armed forces community."
Air Vice-Marshal Ranald Munro CBE, TD, VR, DL, Commander United Kingdom Strategic Command, on behalf of Defence, said: "We are very proud and privileged to be able to welcome another employer as a valued partner to the Defence Family. Congratulations and thank you."
For further information please contact:
Patricia Corrigan, PR Manager
Mrs Kusum Pujara, Engagement AO
- Email: gl-offemp@rfca.mod.uk
- Tel: 07415095328
Notes to editor
Find out more about the Armed Forces Covenant here and how your organisation can help to support the wider forces community
About Royal London
Royal London is the UK's largest customer-owned life, pensions, and investment company, and one of the top 30 mutuals globally*. With over 160 years of heritage and no external shareholders, we're able to take a long-term view, focusing on supporting better outcomes for our customers.
Today, Royal London looks after 8.4 million life and pension policies, with £212 billion of assets under management and over 5,000 colleagues**. In 2026, we shared £199 million of our profits with approximately 2.4 million eligible customers.
We invest in partnerships that reflect our values, including being the only Founding Partner of the first British & Irish Lions Women's Team, supporting women's and girls' rugby across grassroots and elite levels to help develop the next generation of players and coaches. All driven by our commitment to doing what's right for our customers.
Royal London works for you.
Discover more at royallondon.com.
*Based on total 2024 premium income. International Cooperative and Mutual Insurance Federation Global data, 2026.
**Figures quoted are as at 30 June 2026.