Address: PO Box 309, Ugland House, Grand Cayman, Cayman Islands
The purpose of FTSE250 Phoenix Group is to decommission closed life funds 'safely, innovatively and profitably' - improving returns for customers and delivering value for its shareholders. A fund is defined as 'closed' if no new policies are being sold. The group has £68.5bn of assets under management and serves more that six million policy holders. It has two core segments: life assurance (Phoenix Life) and asset management (Ignis Asset Management), which together employ around 1,200 people across the UK and Channel Islands.
Share price in Phoenix Group Holdings rose today after the company announced that its cash generation had met [...]
Insurance group Phoenix is preparing to launch a bid for Abbey Life, which is owned by Deutsche Bank. [...]
Several of Britain's biggest insurance firms, including Aviva, Prudential and Lloyds of London have been given [...]
Insurer Phoenix Group today confirmed it's in talks about a possible takeover of Cinven-owned Guardian Financial [...]
Phoenix Group saw £8m-worth of attempted frauds targetting its customers last year, the firm revealed yesterday, [...]
Former private banking boss at HSBC Clive Bannister has come under pressure from the chairman of Phoenix Group, [...]
Friends Life, which is in merger talks with Aviva, has held informal talks with Phoenix, the closed insurance [...]
Insurer Phoenix is understood to be looking at £100bn worth of potential acquisition opportunities in the UK, [...]
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