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Displaying items by tag: Phoenix

Six in ten millennials (59%) reckon their current life stage means they struggle to save for retirement, with only one in five (20%) saying paying into their pension is a priority.

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A quarter of young people aged 18-24 years has not heard of auto-enrolment, despite new proposals being published that will extend the scheme to 18-year-olds.

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Tuesday, 20 June 2023 11:48

State pension needs reform - Phoenix

There needs to be fundamental reform to the State Pension to prevent later life poverty from worsening as the pension age rises, a new report warns today.

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Tuesday, 23 February 2021 12:40

SLA confirms sale of Standard Life brand

Standard Life Aberdeen has confirmed that it is to sell the Standard Life brand to the Phoenix Group.

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Life insurance consolidator Phoenix Group has swooped on Standard Life Assurance and plans to buy the business for £3.2bn with owner Standard Life Aberdeen taking a 20% stake in Phoenix.
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