Our social impact themes

Our three social impact themes represent the key social problems facing our markets today. Through our work as a responsible business, we think we can make a real difference in helping to tackle these problems long term.

Building financial resilience icon

Building financial resilience

The challenge

Too many people are living without suitable protection against long-term illness and death, which leaves them, their families and broader society in difficulty.

How we can help

We’re helping people to build resilience that can weather life’s storms. Our affordable, accessible and reliable products, from funeral plans and life insurance to specialist cover for diabetes, allow people to prepare for the unexpected. We also aim to raise awareness and improve outcomes for customers, through things like our personal support service Helping Hand, and we educate advisers on giving people the best advice.

Did you know?

Only two in five people could survive financially for more than six months if they were unable to work.

Long term savings crisis piggybank

Taking on the long-term savings challenge

The challenge

Too few people are taking, or are able to take, responsibility for their own pension and saving for the long term, which means they’ll lose out on a fulfilling future in retirement.

How we can help

We’re supporting people to secure their long-term financial future through our pension products – and there are lots of other ways we’re trying to help too. Our ProfitShare scheme aims to boost members’ retirement savings when we do well. We also assist advisers and provide responsible investment advice and expert asset management through Royal London Asset Management (RLAM). Finally, we’re always looking to fix faults in the tax, National Insurance and state benefits systems through our campaigning work.

Did you know?

Women receive on average £85 less retirement income a week than men.

Responsible business icon

Strengthening responsible business

The challenge

People’s trust in business is at an all-time low, so companies need to step up and show they’re acting responsibly and helping to create positive change.

How we can help 

We’re committed to strengthening society to create a better future for all. As a responsible investor, we use our investments to better society and campaign for good corporate governance. We use our voice to push the Government on key financial issues, whether that’s making changes or raising consumer awareness. We’re also focused on this within our business, building a diverse, inclusive and positive place to work, through our work with local communities, and by supporting our members to recognise local organisations who make a difference.

Did you know?

Only 43% of people in the UK trust business.