Royal London confirms acquisition of Responsible Life and Responsible Lending
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
- Email: lora.coventry@royallondon.com
- Mob: 07919 170673
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 £169 billion, 8.5 million policies in force and over 4,400 employees. Figures quoted are as at 30 June 2024. Learn more at royallondon.com.
*Based on total 2022 premium income. ICMIF Global 500, 2024
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.
