ICMIF member Royal London (UK) announced last week that its customers will continue to share in the success of the mutual through an increase in its ProfitShare allocation.

As part of the announcement of its annual results for 2021, Royal London said its ProfitShare allocation to 1.8 million eligible customers would increase by 15.8% to GBP 169 million in 2021 (2020: GBP 146 million).