Phoenix long-term business cash flow rises to £1.2bn

Firm reveals year-on-year growth with £300m increase in long-term free cash

Martin Richmond
clock • 2 min read
Briggs: "“Phoenix has a simple strategy that is focused on the UK long-term savings and retirement market"
Image:

Briggs: "“Phoenix has a simple strategy that is focused on the UK long-term savings and retirement market"

Phoenix Group’s incremental new business long-term cash generation increased to £1.2bn in 2022, according to its full-year results.

The company's results, published today (13 March) on the London Stock Exchange, revealed £934m of its new long-term cash generation came from its Standard Life retirement solutions business, while ...

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

UK economy slows as GDP growth falls 0.1% in September

UK economy slows as GDP growth falls 0.1% in September

Ahead of Autumn Budget

Linus Uhlig
clock 13 November 2025 • 1 min read
Women in Pensions Awards 2025 – The winners!

Women in Pensions Awards 2025 – The winners!

Talented women are celebrated for their achievements across the pensions industry

Professional Pensions
clock 13 November 2025 • 2 min read
Women in Pensions and Rising Star Awards 2025: Photos from the night!

Women in Pensions and Rising Star Awards 2025: Photos from the night!

The industry's best were celebrated in a glittering ceremony on 12 November

Professional Pensions
clock 13 November 2025 • 1 min read
Trustpilot