Standard Life individual annuity premiums hit £1.2bn

Third consecutive year of growth

Isabel Baxter
clock • 2 min read

Standard Life’s individual annuity sales grew for the third consecutive year, with 20% growth in new business driving £1.2bn in premiums.

In the provider's 2025 full year results, Standard Life's retirement solutions business wrote £1.2bn individual annuity premiums in 2025, up from £1bn in 2024, and market share increased to 15%. Standard Life said its aim remains to direct up to £200m capital to annuities in 2026, provided it secures "sufficiently attractive returns". The provider also highlighted its in-house retail advice proposition - Standard Life Financial Advice – launched in October 2025 to help those who would not usually consider paid advice gain access to the support they need. Standard Life added that it...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Surrey IFA declared in default by FSCS over pensions advice

Surrey IFA declared in default by FSCS over pensions advice

Sigma Asset Management is no longer trading

Isabel Baxter
clock 13 March 2026 • 1 min read
Lloyd's broker declared failed after Blackmore Bond investigation

Lloyd's broker declared failed after Blackmore Bond investigation

Lonsdale Insurance Brokers entered voluntary liquidation in July 2024

Isabel Baxter
clock 13 March 2026 • 2 min read
M&G flows turn positive as profits remain steady

M&G flows turn positive as profits remain steady

UK headwinds abate

Linus Uhlig
clock 12 March 2026 • 2 min read