Royal London becomes signatory of the Mansion House Accord
Royal London has become a signatory to the Mansion House Accord.
The Accord expresses an intent, on a voluntary basis, of the signatories to achieve a minimum 10% allocation to private markets across the main default funds in their defined contribution (DC) schemes by 2030, with at least 5% of the total going to UK private markets.
Commenting on our signing of the Accord, Jamie Jenkins, Director of Policy at Royal London, said:
"There is a strong alignment between the long-term nature of people saving for retirement and the Government’s ambition to invest in areas of the economy needing long-term capital to stimulate growth. Private assets can provide a useful component in pension funds to provide diversification from more traditional asset classes.
"Aside from investment returns, anything that contributes towards economic growth would likely have broader benefits for people when they reach retirement, such as a better standard of living."
For further information please contact:
Lora Coventry, Senior PR Strategy Manager
- Email: lora.coventry@royallondon.com
- Mob: 07919 170673
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.
