The real difference ProfitShare can make to your employees
We recently announced our 2023 ProfitShare award to our customers. We’re proud to have shared £155 million with qualifying customers, giving their pension savings a boost of 0.15% in times of uncertainty.
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 seventh year running
We’re delighted to be awarding ProfitShare again this year. Since we made our first ProfitShare award in April 2017, we’ve shared over £1 billion of our profits with qualifying customers.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| ProfitShare award | £155m | £169m | £146m | £140m | £150m | £142m | £114m |
| ProfitShare rate | 0.15% | 0.15% | 0.15% | 0.15% | 0.18% | 0.18% | 0.18% |
Amounts include what was paid to with profits customers. Their award was 1.2% in 2023.
Remember that ProfitShare isn’t guaranteed. 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.