1. ANNUAL GENERAL MEETING
14 JUNE 2017

2. Chairman of the remuneration committee
Tracey graham
Tracey graham
Chairman of the remuneration committee

3. COMMITMENT TO
OUR PEOPLE
11 June 2014
Royal London AGM 2014

4. ROYAL LONDON ROADSHOWS
11 June 2014
Royal London AGM 2014

5. Commitment to our people
PAY AND REWARD
Simple and fairly applied
LEADERSHIP
Quality, consistent experience
PERSONAL DEVELOPMENT
Grow and build a career
11 June 2014
Royal London AGM 2014

6. DIRECTOR
REMUNERATION
11 June 2014
Royal London AGM 2014

7. REMUNERATION
REVIEW
11 June 2014
Royal London AGM 2014

8. REGULATORY COMPLIANCE
REMUNERATION REVIEW OBJECTIVES
MAXIMISE ALIGNMENT
with Members and Policyholders
SIMPLIFY
to improve understanding
REGULATORY COMPLIANCE
of our remuneration policy
11 June 2014
Royal London AGM 2014

9. REMUNERATION
REVIEW OUTCOME
11 June 2014
Royal London AGM 2014

10. SUPPORT DELIVERY OF GROUP STRATEGY NEW: ENSURE FAIR OUTCOMES
REMUNERATION POLICY AIMS
ALIGNMENT OF EXECUTIVES’ INTERESTS
with Members and Policyholders
SUPPORT DELIVERY OF GROUP STRATEGY
while adhering to risk appetite
ENSURE REMUNERATION IS COMPETITIVE
to attract and retain talent
NEW: ENSURE FAIR OUTCOMES
For our people, members and policyholders
11 June 2014
Royal London AGM 2014

11. PACKAGE STRUCTURE Base Salary Pension Benefits
Short-term Incentive Plan
Long-term Incentive Plan
11 June 2014
Royal London AGM 2014

12. CHANGES TO OUR
REMUNERATION POLICY
11 June 2014
Royal London AGM 2014

13. Summary of policy changes
Use shadow risk-adjusted profit measures to broaden the risk data points.
Ensure all elements have a weighting of at least 10%.
Combine two profit
measures used in the scheme.
Increase the deferral in the
Short-term Incentive Plan.
Simplify the Long Term Incentive Scheme, EEV unit holding requirements and number of measures.
Royal London AGM 2014

14. GROUP PEOPLE
ACCREDITATION
11 June 2014
Royal London AGM 2014

15. WOMEN IN FINANCE CHARTER
11 June 2014
Royal London AGM 2014

16. LIVING WAGE EMPLOYER
11 June 2014
Royal London AGM 2014

17. THANK YOU
11 June 2014
Royal London AGM 2014