Financial results 2024
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£181m ProfitShare payout
ProfitShare is to be shared with 2.3 million eligible customers in April 2025.
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£277m operating profit before tax
Our operating profit increased by 11% (2023: £249m).
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966 new Workplace Pension schemes
We welcomed 966 new Workplace Pension schemes and 240,000 new scheme members.
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98.7% of protection claims paid out
We paid £751m to over 65,000 customers, making a difference to families across the UK and Ireland.
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£173bn assets under management (AUM)
Our AUM increased to a record £173bn, driven by positive market movements of £12bn offset by net outflows of £1bn.
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£2.8m contributed to social impact initiatives
We contributed to charitable and social impact initiatives including Cancer Research UK and Turn2us.
Driven by our Purpose – 'Protecting today, investing in tomorrow. Together we are mutually responsible.' – we are focused on growing our business sustainably, and deepening our relationships with our customers.
Barry O'Dwyer - Group Chief Executive Officer