Aegon UK units eyed by Phoenix, Widows, Royal London
Phoenix Group, Royal London and Scottish Widows are among those considering offers for the UK insurance business of Dutch insurance and retirement giant Aegon, according…
Phoenix Group, Royal London and Scottish Widows are among those considering offers for the UK insurance business of Dutch insurance and retirement giant Aegon, according…
Phoenix Group, parent of Standard Life, is in talks to raise more than £1 billion from private capital firms as it seeks to expand its pension-risk…
Savings and retirement giant Phoenix Group said on Monday it will pull around £20 billion from Aberdeen as it moves more of its annuity-backing assets…
Phoenix Group, the UK’s largest savings and retirement business, confirmed on Monday a previously announced plan to change its name to Standard Life plc. Phoenix, which…
The board of Phoenix Group Holdings plc — owner of Standard Life — has announced a number of board changes. Belinda Richards, group independent non-executive…
Phoenix Group, the UK’s largest savings and retirement business, is considering changing its name to Standard Life. Phoenix acquired the Standard Life brand in 2021…
Einburgh-based global investment company Aberdeen announced that £3 billion of pension scheme policies have transferred from Phoenix Life Limited to Abrdn Life and Pensions Limited (Abrdn…
Phoenix Group said that Andy Curran, CEO of its Standard Life business, has decided to retire in the summer of 2025 “after a transformative five…
Phoenix Group Holdings plc, parent of Standard Life, announced the appointment of former Prudential plc executive Nic Nicandrou as its new group chief financial officer…
Future Growth Capital (FGC), the new private markets investment manager announced by Schroders plc and Standard Life parent Phoenix Group, announced that regulatory approval has…
Phoenix Group Holdings plc, owner of Standard Life, said on Monday it has decided to discontinue the sale process for its SunLife business “given the…
Standard Life owner Phoenix Group and global investment manager Schroders have announced an agreement to form a new strategic partnership called Future Growth Capital (FGC). FGC has…
Phoenix Group Holdings plc, owner of Standard Life, has announced its intention to explore a potential sale of its SunLife Limited business. SunLife is a…
Phoenix Group Holdings plc, owner of Standard Life, announced the completion of the initial phase of its deleveraging programme, comprising a debt redemption and refinancing…
Phoenix Group, owner of Standard Life, has launched a bespoke “Climate Aware” index series in collaboration with FTSE Russell, the LSEG business. The FTSE Phoenix…
Phoenix Group Holdings plc, owner of Standard Life, announced that Rakesh Thakrar will step down from his position as group chief financial officer (GCFO) at…
Shares of Phoenix Group Holdings plc, owner of Standard Life, rose as much as 9% after it published 2023 results showing total cash generation of £2.024…
Phoenix Group Holdings plc, owner of Standard Life, said it experienced new business net fund flows of £7 billion in 2023, an 80% year-on-year increase….
Phoenix Group said it has increased its cash generation targets after completing “the funds merger of the Standard Life and Phoenix Life businesses into Phoenix Life…
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…
Savings and retirement giant Phoenix Group announced that NatWest executive Angela Byrne has been appointed as the next CEO of Standard Life’s pensions & savings…
Standard Life, part of Phoenix Group, said it has launched a new “affordable” retirement savings advice service for customers called Standard Life Financial Advice. At…
Some of the biggest names in UK and international finance will gather in Edinburgh this week for the Global Investment Summit, hosted by Scottish Financial…
UK central bank governor Andrew Bailey is to deliver a keynote address at Scotland’s Global Investment Summit next month. The event will be held at…
Standard Life, part of Phoenix Group, said it completed a £1.9 billion Bulk Purchase Annuity transaction with the Sedgwick Section of the MMC UK Pension…
Leading figures from some of the world’s biggest financial, tech and energy organisations are to gather in Scotland for a new festival focused on the…
Edinburgh-based investment giant Aberdeen Group published first-half results on Wednesday, showing assets under management and administration (AUMA) of £517.6 billion, up from £511.4 billion at…
The UK Treasury said on Tuesday that “up to £50 billion of investment” for UK businesses and major infrastructure projects is set to be unlocked…
Standard Life, part of Phoenix Group, said it succesfully concluded a £280 million Bulk Purchase Annuity transaction with the Cancer Research UK Pension Scheme, which…
Edinburgh-based investment giant Aberdeen said its assets under management and administration (AUMA) fell to £500.1 billion in the first quarter from £511.4 billion at the…
Standard Life, part of Phoenix Group, on Monday reported a 13% growth in Workplace net fund flows of £5.3 billion in 2024, taking its Workplace…
Shares of Edinburgh-based investment giant abrdn rose as much as 12% on Tuesday as it returned to profit and abandoned its ridiculed, vowel-light brand name…