Standard Life Plc - Company Profile

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Standard Life Plc: Segment Analysis

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Business Description

Standard Life Plc (SLP) formerly Phoenix Group Holdings Plc is the UK's largest long-term savings and retirement business. The company focuses on helping individuals secure their financial future through a range of savings and retirement income products. As of December 31, 2024, SLP had assets under administration GBP292 billion and served 12 million customers.

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Business Segments

Overview

Operations in Ireland and Germany, offering a range of pensions and savings products, including international bonds. It also includes SunLife, which provides protection solutions to the over 50s market in the UK.

Performance

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Overview

Supports customers in their journey to and through retirement. It serves individuals saving through Defined Contribution workplace pension schemes and those saving for retirement individually.

Performance

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Overview

Focuses on providing income certainty in retirement through products like Bulk Purchase Annuities and individual annuities. It serves the retirement market.

Performance

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Overview

Focuses on the management of legacy pensions and savings policies. It serves the financial services industry by offering a range of legacy With-Profits savings products that are closed to new business.

Performance

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