A major pension provider is getting ready to give out a share of its profits, which will give millions of savers more money in just a few days.
After a good financial year, the payout will give millions of customers a share of £199 million.
Royal London is getting ready to give £199 million to 2.4 million qualified customers through its annual ProfitShare program. The payments will be made on April 1.
The amount of money each person gets will depend on how much money they have in their pension or ISA. If everyone got an equal share, the total would be about £80 per person.
The mutual provider said that the distribution comes after a good year in 2025, when operating profits went up by 18%. Royal London is a customer-owned business, so it gives profits back to its members instead of outside shareholders.
Customers must have opened a pension plan with Royal London after July 1, 2001, in order to be eligible.
The plan must have been active on December 31 and stay open until the payment date.
People who have stocks and shares ISAs that they opened after September 15, 2025, can also take part in the program.
Customers should know that the money will not come as a direct cash payment. The money will go into their pension pot instead, which means they won’t be able to get it right away.
To get the bonus, recipients must keep their accounts open until April 1.
The ProfitShare payment will be automatically added to a special account in each customer’s plan, so recipients won’t have to do anything. This separate ProfitShare account is in addition to your regular pension savings.
Royal London’s mobile app lets customers keep an eye on their allocation, as well as their contributions and future values.
Customers can keep an eye on their allocation through Royal London’s mobile app | GETTY
When members turn 55, they can access the money. At that point, they can take out their ProfitShare balance and any other retirement savings they have.
Royal London says that its mutual structure affects how it does business every day. For example, since customers own the company, profits go to members instead of shareholders.
Barry O’Dwyer, the group’s CEO, said about the results, “In 2025, we had another strong year, with operating profit up 18 percent, which shows that our business is moving in the right direction.”
He went on to say, “Our customers own us, and when we do well, they share in our success.”
The ProfitShare program has been going on since 2007, and during that time, the company has given back a total of £2 billion to its members.
Royal London is a mutual organization, just like Nationwide. This sets it apart from publicly traded companies, whose profits go to shareholders instead of customers.
