• News (3)
    City AM (13 Aug 2018)

    Phoenix Group appoints group chairman

    PHOENIX GROUP has appointed Nicholas Lyons to the role of group chairman. He will take up the position from 1 September. 

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    City AM (23 Feb 2018)

    Standard Life Aberdeen sells insurance arm for £3.2bn

    STANDARD LIFE ABERDEEN has sold its insurance arm to PHOENIX in a deal worth £3.24bn. Phoenix will pay £2.28bn of cash and issue Standard Life Aberdeen with a 19.99 per cent shareholding. The deal sees most of Standard Life's legacy insurance business handed over to Phoenix, allowing the merged company to focus on asset management.

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