Royal London confirms acquisition of Responsible Life and Responsible Lending

Published  01 February 2024
   1 min read

The Royal London Mutual Insurance Society Limited (Royal London), the UK’s largest life, pensions, and investment mutual, today announces it has completed the acquisition of the later life lending and product specialists Responsible Life and Responsible Lending (the 'Responsible Group'). 

This acquisition builds on Royal London’s existing 40% stake in the business and enables the company to increase support for the Responsible Group in delivering innovative later life solutions and scale the provision of later life lending in what it believes will be a growing market.   
 
Original announcement, 23 November 2023 - Acquisition of Responsible Life and Responsible Lending 

For further information please contact:

Lora Coventry, Senior PR Strategy Manager

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.

About Responsible Group

Founded in 2010, Responsible Group is a leader in later life lending in the UK and includes Responsible Life, a market-leading later life mortgage broker, and Responsible Lending, a later life mortgage lender. Learn more at responsible.co.uk.