Royal London confirms acquisition of Responsible Life and Responsible Lending

The Royal London Mutual Insurance Society Limited (Royal London), the UK’s largest life, pensions, and investment mutual, today announces it has completed the acquisition of the later life lending and product specialists Responsible Life and Responsible Lending (the ‘Responsible Group’).

This acquisition builds on Royal London’s existing 40% stake in the business and enables the company to increase support for the Responsible Group in delivering innovative later life solutions and scale the provision of later life lending in what it believes will be a growing market.