Capital markets day and assets and flows update

RNS Number : 9385Y

Standard Life plc

22 May 2016

 

Standard Life plc

Capital markets day and assets and flows update

Standard Life is holding a capital markets day for investors and analysts in London on 23 May 2016.

The day will focus on how Standard Life is building a simplified and well diversified investment company that capitalises on global trends shaping the investments landscape.

Presentations from management across the business will focus on Standard Life's growth channels that are the key drivers of asset, revenue and profit growth. Topics covered will include the breadth and depth of Standard Life Investments' global investment capabilities and how these, combined with expanding distribution and growing diversification by geography, asset class, channel and client type, have helped to create a business that can deliver long-term profitable growth. Presentations will also demonstrate how the Pension and Savings business is delivering premium propositions that are valued by employers, financial advisers and a growing number of individual customers. Additional insights will be given into the cost base and scalability of the business.

In the context of the capital markets day, participants will be provided with an update on assets and flows. The presentations will shortly be available at www.standardlife.com where interested parties can also view the webcast of the event.

Group assets under administration	£bn
Group assets under administration at 31 December 2015	307.4
Institutional net inflows	1.5
Wholesale net inflows	0.1
Workplace net inflows	0.4
Retail net inflows	1.1
Other net outflows	(0.3)
Eliminations	(0.5)
Growth channels net inflows	2.3
Mature fee books net outflows	(1.3)
Spread/risk net outflows	(0.2)
Mature books net outflows	(1.5)
Associate and joint venture life businesses net inflows	0.1
Market/other movements	5.7
Group assets under administration at 31 March 2016	314.0

Net inflows across the Institutional and Wholesale channels included net inflows into multi-asset of £1.0bn. Standard Life Investments total assets under management at 31 March 2016 were £258.6bn while third party assets under management excluding strategic partner life business stood at £132.7bn.

23 May 2016

Investor Enquiries

Jakub Rosochowski

Head of Investor Relations

[phone]*

[phone]

Email: [e-mail] 

* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

Forward looking statements

This document, and the presentations referenced in this document, may contain certain "forward-looking statements" with respect to certain of Standard Life's plans and its current goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements containing the words "believes", "intends", "expects", "plans", "pursues", "seeks" and "anticipates", and words of similar meaning, are forward-looking. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Standard Life's control including among other things, UK domestic and global economic and business conditions, market related risks such as fluctuations in interest rates and exchange rates, and the performance of financial markets generally; the policies and actions of regulatory authorities, the impact of competition, inflation, and deflation; experience in particular with regard to mortality and morbidity trends, lapse rates and policy renewal rates; the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; and the impact of changes in capital, solvency or accounting standards, and tax and other legislation and regulations in the jurisdictions in which Standard Life and its affiliates operate. This may for example result in changes to assumptions used for determining results of operations or re-estimations of reserves for future policy benefits. As a result, Standard Life's actual future financial condition, performance and results may differ materially from the plans, goals, and expectations set forth in the forward-looking statements. Standard Life undertakes no obligation to update the forward-looking statements contained in these materials or any other forward-looking statements it may make.

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Standard  Life plc is registered in Scotland (SC286832) at Standard  Life House, 30 Lothian Road, Edinburgh EH1 2DH.

 

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