Royal London Ireland Launch New Pensions Products
Wed Sep 28 2022
The rapidly growing life and pensions provider now offers a Personal Retirement Bond (PRB) and an Approved Retirement Fund (ARF) exclusively through Financial Brokers.
Royal London Ireland has become the first life assurance company provider to enter the Irish pensions market in more than 30 years and the first new pension provider in over a decade.
Following a multi-million Euro investment, the rapidly growing life and pensions provider has announced its development of new pension propositions that will be offered exclusively through Financial Brokers. The launch is good news for pension savers as it will add to consumer choice, increase competition, and drive product improvements in the overall market, which in 2021, had €1.5bn of new business single premium sales in Personal Retirement Bonds (PRBs) and €2.3bn in Approved Retirement Funds (ARFs)*.