How our business works
Our skills and experience give us the ability to build scale in fund assets
We attract funds from a wide range of institutions and individuals, not only in the UK but also in the US. We’re a top 20 global player by assets under management.
Helping pension schemes, their members and retired people is a crucial part of our business. We manage mandates from institutions and pension schemes and provide pension buy-ins, buyouts and individual pension plans.
We're the UK’s No 1 life insurer. Our mortgage club is the UK’s largest stand-alone distributor of mortgage products and we’re one of the biggest UK providers of lifetime mortgages.
Retail asset management
Our UK retail fund investment business has become a top five business for net sales, giving retail investors access to our renowned index, multi asset and fixed-interest funds.
We have broad capabilities
Pensions risk transfer
We offer DB pension schemes investment solutions at every stage of their scheme’s life cycle.
Securing payments to employees with bulk annuities
Our buy-in, buyout and longevity insurance solutions mean that we can assume some, or all, of a firm’s liability for paying pensions. Our annuity portfolio is now £54.4 billion strong.
Moving to defined contribution
DC pensions are the future in the US as well as the UK. We have two million DC customers across 9,500 schemes in the UK and a rapidly growing US DC business.
Managing mortality and longevity risk
Our longevity science and mortality teams have built up unparalleled expertise in modelling risk.
All figures correct to 31.12.16
We’re commited to being
responsible and economically useful
A real commitment
Our commitment to being responsible is embedded into our business in everything we do. From our investments which create a better society, to our community work and our good-value products which are designed to give people independence and financial security.
We aim to improve the performance of the companies we invest in through responsible board behaviour and commitment to good environmental, social and governance practices.
We create real assets that generate better investment returns for our long-term money and help build towns, businesses, jobs and communities through urban regeneration.