Record Net Inflows and FUM
SJP achieved net inflows that were double what they were in the first half of 2024, with FUM standing at a record GBP 198.5 billion at the end of June.
Strong Financial Results
Growth in the underlying cash result of 17% was driven by improving new business flows, rising FUM, and cost control.
Successful Implementation of Key Programs
SJP is on track to implement simpler charges and is releasing provisions held against historic ongoing servicing, returning this to shareholders through a buyback.
Improved Adviser and Client Engagement
No significant changes in adviser headcount or departures, with continued strong client engagement and support.
Positive Client Retention Rates
Client retention improved to above 95%, attributed to strong adviser-client relationships and improved brand perception.