Royal London: 25% rise in new intermediary protection business sales

Royal London has reported 38% increase in new life and pension business, from £8,686m in 2016 to £12,002m in 2017 (total of new single premiums sales). The company also detailed its 25% increase in new intermediary protection business sales, from £647m in 2016 to £807m in 2017. "Our protection businesses continued to go from strength to strength across the board," said Phil Loney, group chief executive of Royal London. "Our innovative work simplifying the underwriting journey on streamlined mortgages, was referred to as a ‘game-changer' and advisers praised our pioneering work on diab...