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It will sell its Sipp, onshore bond and trustee investment plan to SLA and then take over the whole brand

Phoenix CFO: Forecasting crucial when acquiring amid change Rakesh Thakrar, finance leader of the insurance giant, reveals in an interview the vital role he plays supporting the FTSE-100 group through change by Lawrie Holmes - February 18, 2021 Delivering a major insurer’s biggest acquisition during lockdown is tough enough, having to achieve this working with a new CEO is quite another. Rakesh Thakrar, CFO of Phoenix Group, was faced with this predicament when the consolidator took on its biggest purchase when it acquired ReAssure Group at the end of 2019. The £3.2bn purchase of the as...

Speedy expands low-emission NiftyLift fleet By Leila Steed29 January 2021 UK-based Speedy Powered Access (SPA), a division of rental company Speedy, has invested £2 million (€2.2 million) in its hybrid equipment fleet in order to cater to the growing demand for low carbon machines.  With its new hybrid equipment Speedy Powered Access aims to help customers reduce their carbon emissions. The investment comprised 50 new NiftyLift boom lifts that feature a hybrid power system. The order included a mix of HR12, HR15, HR17N and HR21 models. Manufactured at NiftyLift’s Milton Keynes factory,...

Employee Benefits 20th January 2021 11:59 am Long-term savings and retirement business Phoenix Group is providing five more paid leave days for working carers to help them cope with the third national lockdown. Sara Thompson, group HR director, said: “Last year we provided colleagues with similar access to five days’ emergency paid leave to help them during the lockdowns of March and June 2020. This additional emergency leave is there to help cover immediate childcare or caring requirements and to explore if there are alternative arrangements available.” The organisation is also ur...

Commentary: Congress needs to create a ‘Truth and Reconciliation’ process Published: 1/16/2021 6:00:05 AM If tradition holds (and who knows about that anymore), on a cold night this February Joe Biden will motorcade from his new home at 1600 Pennsylvania Ave. up Capitol Hill, and a new House sergeant-at-arms will proclaim, “Madame Speaker, the president of the United States!” In front of that so-familiar flag, the 46th president will ask a joint session of Congress for unprecedented, bipartisan help in facing the worst domestic crises since FDR and the Great Depression – a race to ...