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The Latest Breaking News from Phoenix Group

Stocks slide and pound dives as bond yields spike

The FTSE 100 index closed down 79.65 points at 9,116.69.

Evening Standard

Pension providers ‘to boost saver outcomes and UK growth’ under new initiative

Pension assets in the scope of the new agreement total £252 billion.

Evening Standard

Caught in the middle: UK firms brace for fallout from Trump’s global trade war

While UK may not be in direct line of fire, knock-on effects on global trade has British businesses worried

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Two City firms team up to invest £20bn of pension funds in UK businesses

Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business

The Guardian - UK

Phoenix partners DWP for 50+ jobs fair

Recruitment event aims to help tackle post-pandemic rise in elderly unemployed

Insider UK

Mum went straight to GP after seeing social media post

Gemma Crossley thought she had IBS years

Liverpool Echo

FCA urges Capita clients to ascertain if data was compromised in cyber-attack

Corporate clients that outsource work to Capita – including Aviva and Phoenix Group – must ‘assess fallout from data breach’

The Guardian - UK

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CBI’s future in doubt after flood of UK’s biggest firms quit

Members including John Lewis and NatWest exit after Guardian reports of sexual misconduct allegations

The Guardian - UK

Early retirement 'is driving economic inactivity' in Scotland

Pension wealth among Scottish 50 to 64 year olds is around £100,000 less than required for a ‘moderate’ retirement living standard

Insider UK

Extend net zero planning to all big companies or risk climate goals, Rishi Sunak warned

Exclusive: Major private firms say failure to extend transition planning threatens UK’s ambition to be world’s first net zero-aligned financial centre

The Independent UK

Scottish finance firms demand policy consistency to guide climate investment

Ethical finance conference debate also sees criticism of divestment movement

Insider UK

Phoenix Group makes executive committee changes

Current life companies chief executive and group director of heritage business set to retire later this year

Insider UK

Phoenix confident after record £950 million cash generation

Analyst admits ‘boring can be beautiful’ as insurer posts market-beating results

Evening Standard

Phoenix Group buys insurer Sun Life UK for £248 million

Last year business had 480,000 policies and £10 billion of assets under management

Evening Standard

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news in one place.

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Insider UK

Phoenix Group to buy Sun Life UK for £248 million

The deal is expected to deliver around £470m of incremental long-term cash generation

Birmingham Post

Pharmacy distribution site emerges for Phoenix Group to serve North of England

260,000 sq ft Wakefield site to be completed before end of 2022

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