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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Retirement group Phoenix is set to sell Ark Life Assurance Company to pensions group Irish Life for around £197m, the

July 13, 2021
NEW-JOB-HIRED-STAFF-BUSINESS-COFIDENCE

Life insurance consolidator Phoenix Group has confirmed it is in discussions to sell its European businesses, in a deal reportedly

May 18, 2021
All-Male boards disappear across the FTSE 350

London’s FTSE 100 climbed by 1.4 per cent today as prospects of a planned re-emergence from lockdown next week boosted

April 6, 2021
Return Of London Office Workers Remains Slow Despite Government Urging

Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to

March 10, 2021

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

March 18, 2015

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

February 16, 2015

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

November 25, 2014

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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