Phoenix Group Holdings PLC

Receive alerts
Market Cap:
£4.76 billion
52 weeks high
52 weeks low

Viewing results 1-10 of 10


Phoenix shares advance as it hikes dividend after profits jump

Phoenix said a deal to buy the bulk of Standard Life Aberdeen's insurance business last year was on track to deliver £1.2bn in savings...

2 weeks ago
Retail & consumer

ReAssure to float in London as part of spin-out from parent Swiss Re

The closed-book specialist is the sixth largest life insurance group in the UK by total assets...

on 7/6/19

Phoenix hikes final dividend as it beats cash generation target after Standard Life Assurance deal

“There remains great uncertainty about the timing and terms of the UK's withdrawal from the EU,” said chief executive Clive Bannister...

on 5/3/19
Retail & consumer

Just Eat to re-join FTSE 100 index next month, just one quarter after demotion; Phoenix Group also gains blue chip status

The FTSE UK indexes quarterly reshuffle was announced after the London market close on Wednesday, with the changes to come in effect at the start of trading on Monday 18 March...

on 28/2/19

Phoenix has most defensive dividend yield among life insurers as Brexit looms, says Barclays

Barclays upgraded its rating on Phoenix to 'equal weight' from 'underweight' but left its target price at 680p, noting that shares have fallen in line with peers over the past year...

on 21/1/19

RBC upgrades Aviva to ‘Top Pick’, says buy before new CEO takes control

In a note, the bank’s analysts said the incoming CEO would be able to “take advantage of the key growth areas of the UK market” which would likely drive up the share price...

on 11/12/18

Phoenix Group beats cash generation target for 2017 and 2018 as more companies shift pension risks

The FTSE 250-listed firm said its cash generation hit £1.3bn in the 2017 and 2018 period, higher than the £1bn to £1.2bn targeted range, with £644mln of cash generated in 2018 and £653mln in 2017...

on 29/11/18

Phoenix Group's Standard Life transaction a win-win deal

It's a beneficial deal for both sides: It increases Phoenix’s assets under management and cash generation while making Standard Life "a capital-lite asset gatherer" focused on asset management and UK platforms...

on 27/6/18

FCA to take no action against Lloyds Banking Group's Scottish Widows unit after long-running probe

The regulator had been investigating Scottish Widows and five other insurers since March 2016 after conducting a review of their treatment of longstanding customers...

on 12/6/18

Phoenix Group launches around £950mln rights issue to fund part of cash consideration for Standard Life Assurance acquisition

The FTSE 250-listed insurer said, under the rights issue, shareholders can apply for 7 new shares for every 15 existing ones held at a price of 518p each...

on 30/5/18