Media statement on the announcement of a Pensions Bill in the King's Speech

Published  17 July 2024
   1 min read

Rory Marsh, Customer Life Stage Director at Royal London:

"The Pensions Scheme Bill announced as part of today’s King’s Speech is largely a continuation of changes that were already underway. What will be key is the Government’s promised pensions review. This review must focus on building on the success of automatic enrolment, as this will have the greatest impact on people’s retirement outcomes and support the level of investment available to finance UK economic growth."

For further information please contact:

Patricia Corrigan, PR Manager   

About Royal London

Royal London is the largest mutual life, pensions and investment company in the UK, and in the top 30 mutuals globally*, with assets under management of £199bn, 8.5 million policies in force and over 5,000 employees. Figures quoted are as at 31 December 2025.

Royal London supports partnerships aligned to its values as a purpose-driven, modern mutual. This includes our work as the only Founding Partner of the first British & Irish Lions Women's Team, where we are investing in women's and girls' rugby across both grassroots and elite levels to support the development of the next generation of players and coaches.  

Learn more at royallondon.com.

*Based on total 2022 premium income. ICMIF Global 500, 2024