Life
Phoenix Group acquires UK life insurer for £248m
Deal adds around £10bn in assets under administration
No new advised clients for investment platform
As it looks to grow D2C offering
Global PE firm raises £1.3bn for life and wealth expansion
It recently became majority investor in the parent group of RL360
UK life insurance broker enters liquidation
After directors concluded it was insolvent
International life business ‘back to pre-pandemic levels’, Ailo says
Europe continues to lead the way with biggest share of the market

