Phoenix confirms acquisition of rival ReAssure by mid-2020

Hope William-Smith
clock • 2 min read

Phoenix Group has confirmed the acquisition of rival life insurer ReAssure Group with the deal set for completion in the next six months.

The £3.2bn acquisition - which was first announced in early December - will compete by mid-2020 subject to regulatory conditions.  In 2019 year-end results released today (9 March) the insurer r...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Trustees need to retain ability to exercise judgement on discretionary increases, APPT says

Trustees need to retain ability to exercise judgement on discretionary increases, APPT says

The APPT has provided written evidence to the Work and Pensions select Committee investigation

Holly Roach
clock 23 October 2025 • 2 min read
UK Pensions Awards 2026: Entry process opens!

UK Pensions Awards 2026: Entry process opens!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 23 October 2025 • 3 min read
UCU accuses Solent University of 'P&O-style' fire and rehire pension cuts

UCU accuses Solent University of 'P&O-style' fire and rehire pension cuts

Union enters into formal dispute with Solent University over pension proposals

Martin Richmond
clock 23 October 2025 • 2 min read
Trustpilot