Do Royal London have financial advisers?

Our financial guidance service Pension customers, who don’t have a financial adviser, have access to our guidance service at no extra cost. The guidance service provides information on a wide range of issues to help you make the most of your pension savings.

Is Royal London a good pension provider?

Royal London is by far the most popular pension provider among financial advisers, a new report by research firm Defaqto has found. The mutual came top in both the number of advisers that use its products, and the number who class it as their preferred provider.

How do I contact Royal London pensions?

If you have a Royal London Pension and need help with accessing online service or are having trouble logging into your account, our dedicated Web Support Team are available from 8am to 6pm Monday – Thursday and 8am to 5pm on Friday. Call us on 0345 602 1885.

How much does pension advice cost UK?

Most advisers (79%) charge an upfront fee which is calculated as a percentage of the amount to be invested, with an average fee of 2.7%.

Can I withdraw money from my Royal London pension?

You can normally get up to a quarter of your pension pot as a tax-free cash payment. You can also take all of your pension pot as cash but, if you do so, only a quarter will be tax-free and the rest will be taxed.

Can I cash in my Royal London pension?

What happens if Royal London goes bust?

If this happens, there’s now a safety net scheme known as the Pension Protection Fund (PPF). Broadly speaking, it pays out 90% of the pension you were expecting if the company goes bust when you’re under pension age, and 100% of the pension if this happens when you’re older.

How long does Royal London take to pay out?

3-5 working days
How long does it take for the money to be paid out? As soon as the claim’s been verified and we have all the paperwork we’ve asked for, we make the payment and funds usually clear in 3-5 working days.

Where can I get free pension advice?

How to get your free Pension Wise appointment. Or, you can book a free Pension Wise appointment over the phone, by calling 0800 138 3944. It is a structured 45 to 60-minute guidance appointment.

How much should I pay for pensions advice?

Broadly, advisers often charge between 1 and 2 per cent of the asset in question (e.g. a pension pot), with the lower percentages being charged for larger assets (percentage charges on smaller assets may be higher). Every adviser is different but all should be happy to discuss their fees up front.

Can I cash out my Royal London pension early?

Can I cash my plan in early? Your pension savings are locked in until you reach age 55. It may be possible for you to start taking your pension savings before age 55 if your health means you can no longer carry on working.

How to contact Royal London for pension advisers?

Phone number. 0345 60 50 050. Outside the UK +44 1625 416 617. Email address. [email protected]. Fax number. 0131 524 8850. Write to us. Royal London

What do I need to know about Royal London pensions?

Help your clients to make an informed choice with the latest updates and information on our fund range. This area will allow you to download literature for all our contracts. Our specialist tools help you deliver cost-effective services and cut through the complexities of compliance.

Why does Royal London work with financial advisers?

We choose to work in partnership with financial advisers, because we believe it helps to deliver better customer outcomes and experiences. We can help you talk to your clients about switching their scheme and illustrate the potential benefits.

Where to find Royal London Mutual Insurance Society?

If you are not an adviser please visit royallondon.com. 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. The firm is on the Financial Services Register, registration number 117672.