Financial results

Full year results 2014

20 February 2015

  • Assets under administration from continuing operations increased by 38% to £296.6bn, driven by net inflows, positive market movements and the acquisition of Ignis Asset Management
  • SLI continues to deliver strong investment performance in volatile markets with total AUM from continuing operations now £245.9bn
  • UK retail and corporate fee business AUA up 7% to £102.8bn
  • During the year we have added over 340,000 new customers in the UK through auto enrolment and over 560,000 since auto enrolment began
  • Fee based revenue up 14% to £1,433m including benefit of Ignis acquisition in second half of the year
  • Group underlying performance* up 21% to £561m and operating profit1 before tax from continuing operations up 19% to £604m
  • Sale of Canada increases focus on fee business and enables proposed return of £1.75bn to shareholders
  • Strong and resilient balance sheet with IGD surplus of £2.9bn and Group underlying cash generation2 up 21% to £408m
  • Final dividend of 11.43p making a total of 17.03p, up 7.8%, for the year

Q3 Interim Management Statement 2014

29 October 2014

  • Assets under administration from continuing operations up to £290.0bn driven by good net inflows of £4.3bn and acquisition of Ignis Asset Management
  • In the UK we have added 290,000 new customers through auto enrolment year to date and over 500,000 since auto enrolment began
  • UK retail and corporate fee business AUA now over £100bn
  • SLI continues to deliver strong investment performance in volatile markets with third party AUM from continuing operations now £158.9bn and integration of Ignis progressing well
  • Fee revenue from continuing operations up 13% to £1,032m year to date including acquisitions
  • Proposed disposal of Canadian operations1 increases focus on fee business and enables £1.75bn planned return of capital to shareholders
  • Strong and resilient balance sheet with an estimated IGD surplus of £3.3bn before the sale of Canadian operations

Half year results 2014

5 August 2014

  • Strong operational performance with fee business revenue up 12%1 to £758m
  • Assets under administration up 4% to £254.1bn, driven by strong net inflows of £4.6bn
  • Business unit underlying performance* up 7% to £367m
  • Operating profit2 before tax up 12% to £339m
  • Acquisition of Ignis Asset Management enhances strategic positioning, and accelerates growth and returns for shareholders
  • Strong balance sheet and cash3 generation up 8% to £250m
  • Interim dividend up 7.3% per share to 5.60p


2014 Q1 Interim Management Statement

30 April 2014

  • Assets under administration up 1.5% to £247.8bn (31 December 2013: £244.2bn, 31 March 2013: £233.1bn) driven by net inflows of £2.4bn
  • Ongoing momentum in fee business with fee revenue up 12% to £374m
  • Continued excellent investment performance at Standard Life Investments
  • Announced acquisition of Ignis Asset Management enhancing Standard Life Investments' strategic positioning
  • Well positioned for changes announced in the UK Budget and other regulatory developments
  • Strong balance sheet with an estimated IGD surplus of £3.9bn