Royal London
March 11th 2010
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Scottish Life

Scottish Life

Scottish Life is the specialist pensions business within the Royal London Group.

Products are distributed in the UK and through independent financial advisors (IFAs) and employee benefit consultants (EBCs).

Key Products:

  • Group and individual personal pensions
  • Defined benefit schemes
  • Occupational pension restructures
  • Self-invested personal pensions (SIPP)
  • Income Drawdown

Key points from 2008:

  • New business up 7.6% to £1,522m, strong individual pension growth
  • 16% market share in income drawdown in the IFA Market
  • Over 90% of individual new business uses 'Financial Adviser's Fee' or other fee based structures