Important information about our investment offering
We’ve recently written to you regarding a review that we’ve carried out across our investment options and we’ve decided to close some of our investment options.
On this page you’ll find some Q&As which will help with any immediate questions you have.
Why is Royal London closing these strategies?
We carried out a review of our legacy investment strategies along with our Independent Governance Committee. As a result we have decided to close these legacy strategies and move customers into our more modern Governed Range solutions. Members will benefit from these changes as the Governed Range comes with better engagement, more investment flexibility and stronger governance and oversight.
I don’t want to change investments can I remain invested in my current strategy?
As we are closing the strategies the changes are not optional. The new investment strategies have been selected where possible on a like-for-like basis in terms of risk level and target retirement goal. If you would like to choose an alternative strategy then you can do that by letting us know ahead of the strategy closures.
How has the new strategy which your investments are changing to been selected?
All of the new strategies are part of our flagship Governed Range and have been selected where possible on a like-for-like basis in terms of risk level and target retirement goal. Where no appropriate like-for-like mapping exists we are mapping customers to our default lifestyle strategy, the Balanced Lifestyle Strategy (Drawdown). The technical details of these mappings have been reviewed and approved by Royal London’s internal governance framework as well as reviewed by our Independent Governance Committee.