Provider comparison
Royal London vs Aviva
Side-by-side comparison from the PerkIQ directory. Cover, pricing, regulator status, and fit at a glance.
Category
Pension & Retirement
Pension & Retirement
Best for
Businesses of all sizes
Businesses of all sizes
Pricing model
On request
On request
UK presence
UK mutual
UK insurer
Regulator
FCA and PRA regulated insurer (see FCA Register)
FCA and PRA regulated insurer (see FCA Register)
Strapline
Royal London is a customer-owned mutual offering workplace pensions for employers.
Aviva offers workplace pensions for employers, including a group personal pension and a master trust, alongside group protection.
What's included
- Workplace pension. A contract-based workplace pension with a default fund and Governed Portfolios.
- Implementation support. An implementation manager and ongoing contact.
- Employee communications. A communications toolkit and an app for employees.
- Salary exchange. Support for paying pension contributions through salary exchange.
- Group personal pension. A contract-based workplace pension for auto-enrolment.
- Aviva Master Trust. A trust-based workplace pension run by a trustee board.
- Group protection. Group life and income protection available alongside the pension.
- Direct or through an adviser. Available directly or through a financial adviser or broker.
At a glance
- FCA and PRA regulated
- Customer-owned mutual
- Implementation support
- Employee app
- FCA and PRA regulated
- Group personal pension
- Master trust option
- Group protection available
Pick the right one with data, not a sales pitch
Score your benefits stack with PerkIQ and you'll see which of these (or another provider entirely) closes the biggest gaps for your team.
Information on this page is editorial, gathered from public sources and the providers' own materials, and does not constitute financial advice or a recommendation. For a quote, contact each provider directly or speak to an FCA-authorised broker. PerkIQ is not a reseller and earns no commission on provider sign-ups.