Phoenix completes further £1.1bn buy-in with own scheme

James Phillips
clock • 2 min read

Phoenix Life has completed a £1.1bn buy-in with its own defined benefit (DB) plan, the PGL Pension Scheme, it has announced.

The insurer said it had completed a total of nearly £1.6bn of bulk annuity deals in the first six months of the year. In its half-year results, published today (7 August), Phoenix said the deal ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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