Financial results

Full year results 2015

Newswires and online publications

A conference call for newswires and online publications will take place on Friday 19 February at 7.30am (UK time). Participants should dial +44 (0)20 3059 8125 and quote Standard Life full year results 2015. A replay facility will be available for seven days after the event. To access the replay please dial +44 (0)121 260 4861 followed by 2483692#.

Investors and analysts

The full year results 2015 analyst and investor presentation will take place on Friday 19 February at 9.00am (UK time), followed by a Standard Life Solvency II insight session at 11.00am. The presentations will take place at Goldman Sachs International, River Court, 120 Fleet Street, London EC4A 2BE. There will also be a live webcast and teleconference starting at 9.00am, both of which will have the facility to ask questions at the end of the formal presentations. Participants should dial +44 (0)20 3059 8125 and quote Standard Life full year results 2015. A replay facility will be available for seven days after the event. To access the replay please dial +44 (0)121 260 4861 followed by 2490549#.

To register for the live webcast, please click on the following link full year results 2015.

Q3 AUA and flows update 2015

28 October 2015

Assets under administration1 up 2% to £301.9bn (FY 2014: £296.6bn; Q3 2014: £290.0bn) in volatile markets, driven by strong net inflows of £5.8bn, including net inflows of £2.4bn in Q3 2015

  • Standard Life Investments meeting the investment needs of clients across the globe with 3rd party net inflows of £5.3bn (2014: £3.9bn):
  • Wholesale and institutional net inflows more than doubled to £10.0bn (2014: £4.4bn) representing annualised 14% of opening AUM, including £2.9bn in Q3 2015 (Q3 2014: £0.4bn)
  • 64% of net inflows2 year to date from outside the UK as we continue to expand our global reach
  • Third party AUM3 ahead of benchmark over 1 year: 85%; 3 years: 94%; and 5 years: 95%
  • UK and Europe business continuing to build momentum with net inflows of £1.9bn (2014: £1.5bn):
  • Workplace and retail new fee business net inflows up 20% to £4.4bn (annualised 8.5% of opening AUA) including £1.5bn in Q3 2015 (Q3 2014: £1.3bn)
  • Added 190,000 new customers year to date and 70,000 in the quarter through auto enrolment, contributing to 12% increase in regular contributions into workplace pensions
  • Increased Wrap4 assets to £23.6bn (up 20% year–on–year) with Wrap net inflows up 25% to £3.3bn including a record £1.2bn in Q3 2015
  • Agreed terms to increase stake in HDFC Life from 26% to 35% for c£170m subject to regulatory approval

Half year results 2015

04 August 2015

  • Fee based revenue, including Ignis, up 17% to £761m with 95% of income now fee based
  • Assets under administration1 up to £302.1bn (FY 2014: £296.6bn; H1 2014: £223.9bn) in volatile markets, driven by increased demand for our investment solutions and acquisition of Ignis
  • Standard Life Investments meeting the investment needs of customers across the globe
  • Strong 3rd party net inflows of £5.2bn despite outflow from low revenue margin mandate of £1.7bn
  • Wholesale and institutional net inflows of £7.1bn of which 70% from outside of the UK
  • Continuing excellent investment performance with 3rd party AUM above benchmark2 - 1 year 79%; 3 years 95%; 5 years 97%
  • UK business building momentum and well placed in a changing long-term savings environment
  • Workplace and retail new fee business net inflows up 23% to £2.9bn, representing annualised 8% of opening AUA
  • Added 120,000 new customers in the UK through auto enrolment in H1 2015 contributing to 15% increase in regular contributions into workplace pensions
  • Increased Wrap assets by 11% to £23.3bn with Wrap net inflows up 17% to £2.1bn
  • Group underlying performance*,1 up 9% to £299m and operating profit1,3 before tax up 6% to £290m after a £39m reduction in spread/risk margin
  • Group underlying cash generation1 up 17% to £223m
  • Interim dividend up 7.5% to 6.02p

2015 Q1 AUA and flows update

29 April 2015

  • Assets under administration1 up 5% to £311.9bn driven by strong net inflows and positive market movements
  • Particularly strong third party net inflows and investment performance driving 5% increase in Standard Life Investments total AUM to £258.4bn
  • Third party net inflows (excl. strategic partner life business) of £3.7bn
  • 73% of net inflows2 from outside the UK as we continue to expand our global reach
  • Third party AUM3 funds ahead of benchmark over 1 year: 73%; 3 years: 94%; and 5 years: 89%
  • Continued momentum in our UK business with retail and workplace fee AUA up 6% to £108.5bn driven by net inflows of £1.5bn into our retail new and workplace propositions and positive market movements
  • Wrap platform, including £1bn of net inflows (up 16%), driving growth in retail new AUA to £40bn
  • Regular contributions into workplace pensions up 16% year-on-year with AUA now £34bn
  • Added 60,000 new savers through auto enrolment, 620,000 since auto enrolment began