Royal London will introduce a profit sharing scheme for around 1 million unit-linked pension and drawdown customers next year.
From January 2016, alongside existing with-profits allocations, a new profit share amount will be awarded to any new customers buying a unit-linked pension plan and to existing unit-linked customers who have set up a unit-linked pension plan since July 2001.
This will include all those customers who have been automatically enrolled into a workplace pension…Read more at New Model Adviser