Our Financial Strength

Investment Funds Direct Limited (Ascentric) is majority owned by Royal London Group (RLG) and has enjoyed their financial backing since November 2007. RLG is the UK’s largest mutual insurer with a 2010 reported profit of £313m (after tax) and a 56% rise in regulatory capital to £1.6bn.

RLG’s financial strength as at 30th July 2010 was rated A- by Standard & Poor’s, A2 by Moody’s, A by Fitch. With capital backing from the Royal London Group, Ascentric is well placed for the future.

RLG is a champion of ‘Financial Sense’ and aims to become the UK’s leading customer-owned financial services organisation. ‘Financial Sense’ is a commitment to intermediary partners that they are dedicated to working with them to provide financial solutions which will enhance their reputation for offering wise advice and help them build healthy, long term business relationships with their clients.

 

 

 

Our  Pillar 3 disclosure document is intended to provide appropriate public disclosure of the approach undertaken by IFDL to risk management and capital adequacy.

For more information please contact us on: 

0845 600 5360
Make an Enquiry

All the latest financial news

  • Citywire - 29/03/12

    Ascentric boosts Royal London results

    Royal London's wrap platform Ascentric has outperformed the insurance giant's other businesses with a 50% increase in assets under administration...

    Read More

  • IFAOnline - 19/03/12

    Barclays launches model portfolios on Ascentric

    Barclays wealth and investment management business has launched a range of five risk-rated model portfolios

    Read More

  • IFAonline - 14/03/2012

    Ascentric assets top £4bn for first time

    Ascentric has broken the £4bn assets under administration (AUA) barrier as the Royal London-owned wrap nears 12 months of sustained profitability.

    Read More

  • IFAonline - 2/03/12

    Ascentric establishes IFA focus groups

    Ascentric is establishing a series of IFA focus groups to provide it with feedback on propositional and service developments. Read more: http://ww

    Read More

  • IFAonline - 7/02/12

    Ascentric welcomes 230 adviser firms as sales rise 8%

    Ascentric saw net new assets rise 8% in 2011 after 226 extra adviser firms signed up to the Royal London-owned Wrap.

    Read More

  • MoneyMarketing 9/01/12

    Ascentric appoints sales and marketing director

    Ascentric has appointed Mike Morrow as sales and marketing director.

    Read More

Awards