UK insurer Phoenix halts SunLife sale on regulatory uncertainty
Sep 16, 2024 · British insurer Phoenix Group has stopped the sale process of its SunLife business, it said on Monday, citing regulatory scrutiny into what is known as the pure protection insurance market,...
Phoenix ditches plan to sell SunLife business | The Independent
Sep 16, 2024 · Retirement and insurance firm Phoenix Group has scrapped plans to sell its SunLife over-50s financial services business. The group, which revealed in June that it was considering the sale of...
Phoenix Dives As FTSE 100 Firm Cancels SunLife Sale - Forbes
Sep 16, 2024 · Shares in Phoenix Group dropped on Monday as the financial services giant axed plans to sell its SunLife division. At 562p per share, the FTSE 100 firm was last 2.5% lower in start-of-week...
Phoenix Group discontinues Sunlife sale as firm reports profit boost
FTSE 100 pensions giant Phoenix Group said that it had “discontinued” the Sunlife sale process as the firm reported a solid increase in profit in the first half. The firm said it had stopped...
Sun Life completes sale of its UK business | Sun Life
Apr 3, 2023 · Sun Life will retain its economic interest in UK's payout annuities business. As part of the sale, Sun Life will begin a long-term partnership to become a strategic asset management partner to Phoenix Group.
UK insurer Phoenix Group to explore sale of SunLife | Reuters
June 26 (Reuters) - British insurer Phoenix Group Holdings (PHNX.L) said on Wednesday it plans to explore a potential sale of its SunLife business. The company will start a sale process, having...
Phoenix Group considers sale of protection business
Jun 26, 2024 · Phoenix Group is looking to sell its protection business Sunlife, having already received some interest. In an announcement today (June 26), the group released a statement announcing the board’s...
Phoenix Group to explore potential sale of Sunlife - City A.M.
Jun 26, 2024 · Phoenix Group, the UK’s largest long-term savings and retirement business, has revealed that it will explore a possible sale of its Sunlife business.
British life insurer Phoenix seeks more deals after Sun Life UK buy
Aug 4, 2022 · Phoenix has bought closed life insurer Sun Life of Canada's UK unit for 248 million pounds ($301 million) in cash, it said on Thursday and its chief executive said the insurer had more than...
Britain’s biggest retirement provider scraps sale of SunLife
Sep 16, 2024 · British savings giant Phoenix Group has shelved plans to sell historic over-50s brand SunLife after the City watchdog launched a review into its key insurance protection market.