Royal London adds online trusts to personal menu plans

To improve customer outcomes

Jaskeet Briah
clock • 1 min read

Royal London has extended its online, signature free trusts process to its personal menu plans in order to make online application processes “easier and more efficient”.

Advisers can write plans under trust as part of online applications, and selecting trusts for clients can now be done digitally for business plans, relevant life plans and personal menu plans. This dispenses the need for an electronic or wet signature from clients or nominated trustees, Royal London said. The decision comes as promoting trusts and online beneficiary nomination helps to improve customer outcomes, the mutual insurer added. Improving digital services is a "key focus" for Royal London in order to help advisers streamline processes for their clients, commented Jennifer Gil...

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