Phoenix Group operating profit increased by 31% in 2024

Group results show group workplace AUM rose to £66.5bn last year

Martin Richmond
clock • 3 min read
Phoenix Group operating profit increased by 31% in 2024

Phoenix Group, which looks after the Standard Life brand, has confirmed its IFRS adjusted operating profit rose by 31% in 2024 to £825m, according to its full-year results.

The insurer's results said the growth in its operating profit had been driven by "profitable growth" in its pensions and savings and retirement solutions. The results showed its pension and savings...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

More on Industry

Phoenix Group operating profit increased by 31% in 2024

Phoenix Group operating profit increased by 31% in 2024

Group results show group workplace AUM rose to £66.5bn last year

Martin Richmond
clock 17 March 2025 • 3 min read
TPTIM and MSCI to develop risk management solution for pension schemes

TPTIM and MSCI to develop risk management solution for pension schemes

Solution will provide insights into the risk characteristics of schemes

Holly Roach
clock 17 March 2025 • 1 min read
Professional Pensions celebrates 30th anniversary in 2025

Professional Pensions celebrates 30th anniversary in 2025

Professional Pensions is delighted to be celebrating three decades at the heart of the UK pensions industry as the go-to brand for trustees and pension professionals.

Jonathan Stapleton
clock 17 March 2025 • 1 min read
Trustpilot