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FTSE 100-listed Phoenix Life, which is behind brands like SunLife and Standard Life, said it delivered around £1.5billion worth of new business long-term cash generation last year.
Phoenix Group has said it delivered its 2025 growth target “two years early” having written around £6bn of bulk purchase annuity (BPA) premiums in 2023, an increase from the previous year’s £4.8bn.
Bosses from HSBC, Peel Hunt and Schroders are among those meeting Jeremy Hunt for talks on reforms to boost the competitiveness of UK equity markets, Sky News learns.
Employers are being encouraged to offer 'midlife MOTs' to help employees aged 50 and over take stock of their wealth, wellbeing and careers.
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service