A number of major UK corporations including NatWest, John Lewis, Virgin Media O2 and insurers Phoenix, Zurich and Aviva quit the Confederation of British Industry…

Phoenix Group, owner of Standard Life, said it has provided a £210 million investment to City Property Glasgow, a wholly owned subsidiary of Glasgow City…

Phoenix Group Holdings plc, the closed life and pension fund consolidator that owns the “old” Standard Life Assurance, said it expects to benefit from further…

By Mark McSherry — Phoenix Group Holdings plc announced on Tuesday that it expects to deliver £1.2 billion of incremental new business long-term cash generation in…

Phoenix Group, the UK’s largest long-term savings and retirement business, said it made two key appointments to its executive committee. The brands of Phoenix include…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced it posted record cash generation of £950 million…

Phoenix Group Holdings announced the acquisition of Sun Life UK, a closed book UK life insurance company, from Sun Life Financial Inc. for £248 million…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of entrepreneur Maggie Semple as an…

Abrdn has invested £75 million in a sustainable private placement on behalf of its strategic partner Phoenix Group in The London School of Economics and…

Edinburgh investment giant Abrdn said it has invested £31 million on behalf of its strategic partner Phoenix Group in the refinancing of CORE Portfolio Investments…

Closed life and pension fund consolidator Phoenix Group Holdings plc reported record cash generation of £1.717 billion for 2021, exceeding its annual target range of £1.5…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced some big board changes on Wednesday. Senior…

Edinburgh investment giant Abrdn has announced it will sell 40 million of its 144 million shares in life and pensions consolidator Phoenix Group Holdings plc to institutional…

Reinsurance giant Swiss Re has sold its remaining 6.6% shareholding in closed life and pension fund consolidator Phoenix Group Holdings by selling 66,199,917 ordinary shares…

Merrill Lynch International (BofA Securities) said on Tuesday it has been appointed by Swiss Re as sole bookrunner for a proposed secondary sale of approximately…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced that it completed four Bulk Purchase Annuity (BPA)…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced the appointment of Anna Franekova to drive mergers…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced a programme of investment in the iconic Standard…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, has announced five new appointments to its bulk purchase…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, announced it has acquired a portfolio of equity…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Standard Life Assurance, said on Wednesday it plans to grow its…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it agreed to sell Ark Life…

Swiss Re said on Wednesday it has reduced its shareholding in Phoenix Group Holdings plc, acquired in the sale of ReAssure in 2020, by selling…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday that talks to sell its…

Aberdeen Standard Investments (ASI) said it has invested £50 million on behalf of its strategic partner Phoenix Group in Black Sea Trade and Development Bank…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, confirmed on Tuesday it is in “advanced discussions…

Closed life and pension fund consolidator Phoenix Group, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it will take ownership of the…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, told Reuters on Thursday it expects more companies…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Tuesday it is assessing a sale of…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, said on Thursday it is involved in “disagreements”…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of the “old” Edinburgh-based Standard Life Assurance, announced changes to its executive committee on…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, announced on Monday that Jim McConville, group finance director…

Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, on Friday agreed to buy ReAssure, the British business…

UPDATE 3 — Closed life and pension fund consolidator Phoenix Group Holdings plc, owner of Edinburgh-based Standard Life Assurance, said on Friday its CEO Clive…

The UK’s Financial Conduct Authority (FCA) said on Tuesday it fined Standard Life Assurance Limited (SLAL) £30.7 million “for failures related to non-advised sales of…

Souter Investments — the family investment office of Stagecoach Group founder and chairman Brian Souter — said it reached an agreement to sell Mobius Life, a…

Phoenix Group announced its new executive management team to manage the enlarged business upon completion of the Standard Life Assurance Limited acquisition, expected in the…

Aberdeen Standard Investments (ASI) and Phoenix Group announced they have established a private markets fund financing strategy “that is tailored to Phoenix’s financial objectives as…

British insurer Phoenix Group Holdings is in advanced talks to buy Standard Life Aberdeen Plc’s insurance business for about £3 billion and a deal could…

Standard Life, part of Phoenix Group, said it has partnered with Moneyhub, the open banking and open finance platform, to deliver its pensions dashboard. Standard…

Standard Life, part of Phoenix Group, announced the launch of the Standard Life Pension Annuity, designed to meet the “increasing need for certainty and security…

A surge in bulk annuity deals is anticipated over the next five years, with 86% of pension scheme trustees expecting to approach an insurer in…

Standard Life, part of Phoenix Group, has appointed Callum Stewart as Head of Investment Proposition Distribution. Stewart joins Standard Life from Hyman Robertson, where he…

Standard Life, part of Phoenix Group, said it has concluded a £1.2 billion Bulk Purchase Annuity (BPA) transaction covering 20,200 members of the Mitchells &…

The UK government said nine of the UK’s largest defined contribution pension providers have agreed to allocate 5% of assets in their default funds to unlisted equities…

Standard Life, part of Phoenix Group, has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering the Chubb Pension Plan and the Chubb Security…

Standard Life, part of Phoenix Group, has appointed Andrew Pearson to the newly created role of Head of Financial Education and Communication. The move comes…

Standard Life, part of Phoenix Group, said it has concluded a £80 million Bulk Purchase Annuity (BPA) transaction with the MGM Assurance Staff Pension Plan….

Scotland has returned to its historic position as the top location for financial services foreign direct investment (FDI) in the UK outside of London, according…

Scottish Rugby Limited — the operating company responsible for the day-to-day business of Scottish rugby — has announced the appointment of Scottish Financial Enterprise chair…

By Mark McSherry Abrdn chairman Douglas Flint said a debt default by the United States “is almost unthinkable” and would be a “cataclysmic” event for…

Edinburgh-based investment giant Abrdn plc announced that, in line with succession planning announced on December 23, 2022, chief financial officer Stephanie Bruce “has agreed with…

Occupational pensions consultancy LCP (Lane Clark & Peacock) has predicted that 2023 will be a record breaking one in the de-risking market, with record volumes of…

By Mark McSherry — Abrdn announced it has provided £98 million of private placement debt to EnBW, one of the largest utility companies in Germany and…

Standard Life, part of Phoenix Group, said it has concluded a £200 million Bulk Purchase Annuity (BPA) transaction with the Agfa UK Group Pension Plan,…

Standard Life, part of Phoenix Group, said it has concluded a £530 million Bulk Purchase Annuity (BPA) transaction covering 3,000 members of the Cobham Pension…

Edinburgh investment giant Abrdn is considering a plan to return up to £500 million to shareholders to placate investors following its relegation from the FTSE…

Edinburgh-based investment giant Abrdn announced it sold another chunk of its shareholding in HDFC Life Insurance Company in India. It said its Abrdn (Mauritius Holdings) 2006 Limited…

Scottish Financial Enterprise (SFE) has announced a new chair along with other appointments to a new-look board. SFE said current deputy chair John McGuigan will…

Index compiler FTSE Russell confirmed on Wednesday that Edinburgh-based investment giant Abrdn will drop out of the FTSE 100 index as a result of its…

Edinburgh-based investment giant Abrdn may be demoted from the FTSE 100 index at the next quarterly review, according to indicative results announced by index compiler…

Edinburgh-based investment giant Abrdn announced it sold another 6% of HDFC Asset Management Company Limited (HDFC AMC) in India to raise £225 million. The Edinburgh firm…

Shares of Edinburgh-based investment giant Abrdn fell about 7% on Tuesday after it published first-half results showing its assets under management and administration (AUMA) fell £34…

Standard Life, part of Phoenix Group, said it has concluded a £1 billion Bulk Purchase Annuity (BPA) transaction covering 13,000 members of the WH Smith…

Standard Life, part of Phoenix Group, announced it has concluded a £150 million Bulk Purchase Annuity (BPA) transaction covering 1,300 members of the Sappi UK…

Standard Life, part of Phoenix Group, said it has concluded a £680 million Bulk Purchase Annuity (BPA) transaction covering 8,000 members of the Whitbread Group…

Phoenix Group’s Standard Life has warned of a “a major gap” in the British pension system with the latest ONS statistics showing a split between the…

Edinburgh has maintained its place as a leading international financial centre in the latest Global Financial Centres Index (GFCI), placing seventh in Western Europe, second…

Standard Life, part of Phoenix Group, said it has concluded a £175 million bulk purchase annuity (BPA) transaction covering all 2,000 members of the Findel…

Standard Life, part of Phoenix Group, has announced the appointment of three hires to its Defined Benefit Solutions business. Kieran Mistry joins as Senior Business…