Phoenix to make 'accretive' entry to bulk annuity market

Phoenix has confirmed it will enter the buy-in and buyout market on an "incremental" basis after completing its first buy-in with its own pension scheme in 2016.
In its half-year results published on 24 August, group chief executive Clive Bannister said the firm had "the skills and financial resources… to compete selectively on accretive transactions to generate...
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