Standard Life said it has handed carers charities £1.1m in the past two years as part of its Caring for Carers campaign.
The campaign aims to help unpaid carers stay in or return to work, build financial confidence and access practical support.
It was set up in June 2024 for Standard Life colleagues, customers, and communities outside the business, who face challenges balancing their caring commitments with work.
Since the launch of the campaign, Standard Life said it has supported 65,196 carers directly, with more than 2.3m supported indirectly.
It said staff have played an important role, aligning their volunteering and fundraising activity to support charity partners. Awareness within the business has also grown significantly, with a 56% increase in Standard Life workers self-identifying as carers since 2023.
The business launched an employability pilot with Carers Trust at the Camden Carers Centre in April 2025, aimed at boosting employment opportunities and skills through one-to-one support, coaching and group training. So far, the programme has directly supported 81 unpaid carers.
Standard Life also partnered with Carers UK to deliver the first UK-wide Power of Attorney, raising awareness of Power of Attorney as part of Financial Planning for carers and their families and driving change at a national level.
Claire Hawkins, director of corporate affairs and brand at Standard Life, and executive sponsor of Standard Life’s Carers Network said: “Too many carers continue to face barriers to staying in fulfilling, paid employment, with long-term consequences for their financial security.
“Our research shows that nearly half of carers aged 60-65 have no private pension savings, and a similar proportion of working carers are considering leaving employment or reducing their hours. It’s critical that we support more carers to stay in work and continue to earn and save.”