23 September 2019

Reviewable Premium

Some of our pension products have reviewable premiums. This means after a period of time we will review your premium, which may result in an alteration to the amount you pay.

Factors which we will consider when renewing your premium will include:

  • changes in claims experience, trends and expectations
  • changes to expenses outside our control i.e. changes to the tax levied on this type of business
  • changes in persistency (how long customers keep their products) experience, trends and expectations
  • changes to future expectations of investment returns.

About the Royal London Group | Legal Information | Modern Slavery Statement

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL. RL Marketing (CIS) Limited is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales number 3390839. Registered office: 55 Gracechurch Street, London, EC3V 0RL. RLUM Limited is authorised and regulated by the Financial Conduct Authority. Registered in

England and Wales number 2369965. Registered office: 55 Gracechurch Street, London, EC3V 0RL.

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