Strong New Business Performance
In 2024, SJP grew its client base and secured GBP 18.4 billion of new investments, which is 20% higher than in 2023, despite a challenging environment.
Record Funds Under Management
SJP achieved a 13% increase in funds under management, reaching a record GBP 190 billion by the end of 2024.
Positive Financial Outcomes
The company delivered an underlying post-tax cash result of GBP 447 million, marking a 14% increase from 2023.
Polaris Fund Performance
The Polaris fund range outperformed respective IA peer groups, with Polaris 3 being the largest fund in the UK.
Efficient Cost Management
Controllable expenses increased by only 3% year-on-year, showcasing effective cost management.
Robust Balance Sheet
SJP's solvency ratio for life companies was 154%, reflecting financial strength and resilience.