Half Year 2026 St James's Place PLC Q&A Session Transcript
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Good morning, welcome to our 2026 half year results presentation. I'm pleased to report a strong set of results for St. James's Place, reflecting both good financial performance and continued operational and strategic progress. I'll start by summarizing new business performance in the period, and I'll then hand over to Caroline to take you through the financials in more detail before I come back to discuss our strategic progress.
In the first half of the year, we continued to see high demand for financial advice as our clients navigated a complex and evolving environment. This is reflected in our new business performance. Net inflows for the period were GBP2.7 billion, supported by gross inflows of GBP10.5 billion. We also saw an improvement in FUM retention to 95.4%.
This was above our long-term ambition of 95% and reflects the quality and longevity of relationships we and our advisors build with clients. FUM increased to over GBP240 billion during the first
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