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Phoenix

Phoenix in ‘advanced’ talks to buy Abbey Life for £800m

Companies | 16 Sep 16

Phoenix in ‘advanced’ talks to buy Abbey Life for £800m

Closed book pension provider Phoenix Group has confirmed it is in “advanced” talks with Deutsche Bank about the acquisition of life company Abbey Life.

M&A firm Phoenix to shut down Cayman holding company

Companies | 25 Aug 16

M&A firm Phoenix to shut down Cayman holding company

Life company consolidator Phoenix Group plans to close its Cayman Islands holding company and set up a new operation in the UK.

Axa restructures, sells last UK operations to Phoenix

Europe | 27 May 16

Axa restructures, sells last UK operations to Phoenix

French insurance giant Axa announced the sale of the remaining parts of its UK business to the Phoenix Group on Friday, and unveiled a new-look global business structure from incoming chief executive Thomas Buberl.

International Adviser

Companies | 25 Apr 16

UK insurer Phoenix poised to buy Axa’s Sun Life

UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.

Financial services complaints down

Companies | 30 Mar 16

Financial services complaints down

Financial services firms in the UK received 2.11 million new complaints between July and December 2015, a decrease of 1.4% compared with the previous six months, according to the Financial Conduct Authority.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.