Phoenix Group Holdings plc (PHNX)

Profile

https://www.thephoenixgroup.com

Phoenix Group Holdings plc is a leading long-term savings and retirement business headquartered in London, England, managing over £295 billion in assets under administration for approximately 12 million customers. It specializes in pensions, savings, and life insurance products delivered through trusted brands such as Standard Life, SunLife, Phoenix Life, Phoenix Wealth, and ReAssure. With roots tracing back to 1782 through mergers and acquisitions of historic firms like Pearl Assurance and Resolution Life, the company focuses on closed-book life insurance, supporting customers whose policies are no longer open to new business while ensuring optimal outcomes. Phoenix Group Holdings plc plays a pivotal role in the UK financial services sector as a FTSE 100 constituent, emphasizing sustainable practices with a commitment to net zero by 2050 and fostering diverse investments. Employing around 6,600 people, it prioritizes customer journeys through retirement, delivering cash, capital, and earnings for shareholders via a progressive dividend policy, and advocating for broader societal benefits in financial security and environmental responsibility.