The real difference ProfitShare can make to your employees

26 April 2022
We shared £169million with 1.9 million customers in 2022

We recently announced our 2022 ProfitShare award to our customers. We’re proud to have shared £169 million with eligible customers giving their pension savings a little extra.

Your employees will be able to see their individual ProfitShare award on our mobile app, online service or their yearly statement.

Awarding ProfitShare for the sixth year running

We’re delighted to be awarding ProfitShare again this year. This year’s award is £23 million higher than last year, demonstrating our financial resilience during difficult times. Since we made our first ProfitShare award in April 2017, we’ve shared £861 million of our profits with eligible customers.

 201720182019202020212022
ProfitShare award £114m £142m £150m £140m £146m £169m
ProfitShare rate 0.18% 0.18% 0.18% 0.15% 0.15% 0.15%

Amounts include what was paid to with profits customers. Their award was 1.2% in 2022.

Remember that ProfitShare isn’t guaranteed. Your employees could get more or less than this.  However, once we’ve awarded ProfitShare, we’ll never ask for it back.

Find out more

For more information on ProfitShare, visit our dedicated ProfitShare webpage