Life insurer and asset manager Aegon has increased its planned second-half share buyback program after recording an operating result of €804m in the first half of 2026. Aegon announced on the same day as its results that chief financial officer Duncan Russell would step down and leave the compa
Standard Life
Standard Life has launched a strategic pension risk transfer (PRT) partnership to target the large UK defined benefit schemes, backed by up to £2bn in capital commitments over the next five years. The transaction is structured with a consortium led by private equity firm CVC Capital Partners a
Standard Life has completed the transition of the Scottish Leather Group pension arrangement, with its members joining the firm's contract based group flexible retirement plan. Scottish Leather Group is a manufacturer of sustainable leather solutions, supplying a range of global industries including
More than £87 million was paid in tax on the largest full pension withdrawals in just six months, according to new figures.
Standard Life chief executive Andy Briggs has attempted to allay concerns about what the acquisition of rival pensions company Aegon UK will mean for the two businesses. The £2 billion deal announced in April has left employees and the wider sector awaiting news of what impact the tie-up
Nearly four in ten private sector employers are planning to scrap pension salary sacrifice schemes following the Chancellor's decision to cap national insurance relief at £2,000 per year, according to research by Standard Life. The new polling, conducted among 500 business leaders, shows that
Standard Life has agreed to acquire Aegon UK in a £2 billion deal that will create the UK's largest retirement savings and income business, with approximately 16 million customers and around £480bn in assets under administration. The FTSE 100 group, which was formerly known as Phoenix Gr
Standard Life has reported strong financial results for 2025, with operating cash generation rising 5% to £1,474m and IFRS adjusted operating profit growing 15% to £945m, driven by continued momentum across its core businesses. Workplace pension net inflows held steady at £5.3bn, m
Standard Life plc, a retirement specialist focused entirely on retirement saving and income, has completed its name change from Phoenix Group Holdings plc and will from now on be listed on the London Stock Exchange under the ticker of SDLF. The move to Standard Life plc supports the organic growth s
Standard Life, part of Phoenix Group, has completed a £52 million bulk purchase annuity (BPA) transaction with The Amtico Company Pension Scheme, securing the benefits of all 425 members. The deal, concluded in August 2025, strengthens a long-standing relationship between Standard Life and lux
Pensions giant Phoenix Group is set to rebrand as Standard Life, adopting the name of the well-known brand it acquired seven years ago from Aberdeen Group. The change, planned for March 2026, follows speculation about a new name and reflects the board's belief that Standard Life is its most reputabl
People living in Scotland who expect to rent during retirement could need an additional £372,000 in savings compared to those with no housing costs, according to new analysis by Standard Life, part of Phoenix Group.
Phoenix Group shares experienced a surge of over 6% on Monday, following the company's announcement of significantly exceeding its cash generation targets and upgraded future guidance. The FTSE 100 firm, which owns Standard Life, reported a 31% increase in 2024 operating profit, reaching £825
Andy Curran, CEO of Standard Life, part of Phoenix Group, has decided to retire in the summer of 2025 after a transformative five year tenure in which the business has become a key driver of the group’s organic growth. In 2020, Mr Curran set out a growth strategy for Standard Life which focuse
Phoenix Group, the retirement savings and income business which owns Standard Life, has posted strong financial results for 2023. The company achieved its 2025 growth target two years early, with £1.5 billion in new business cash generated by its Standard Life division.
