Phoenix Group Holdings

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.

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Pensions consolidator Phoenix posts jump in profit

Insurance firm Phoenix has posted a surge in profit for the first half of the year after buying out more

August 7, 2019

Phoenix Group: Fraud up on change in pension rules

Phoenix Group saw £8m-worth of attempted frauds targetting its customers last year, the firm revealed yesterday, as scammers tried to

March 18, 2015

Phoenix chair Sir Howard Davies asks Clive Bannister to explain himself over HSBC

Former private banking boss at HSBC Clive Bannister has come under pressure from the chairman of Phoenix Group, the insurance

February 16, 2015

Aviva merger target Friends Life eyed up deal with closed insurance group Phoenix

Friends Life, which is in merger talks with Aviva, has held informal talks with Phoenix, the closed insurance group, about

November 25, 2014

Phoenix rises and sets sights on £100bn of UK acquisition opportunities

Insurer Phoenix is understood to be looking at £100bn worth of potential acquisition opportunities in the UK, following a promising

August 21, 2014

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