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

TPR: Do not assume insurer buyout is ideal endgame

TPR: Do not assume insurer buyout is ideal endgame

Ben Gunnee says new endgame models are making trustees look again at objectives

Holly Roach
clock 22 June 2026 • 2 min read
Rising Star Awards 2026: Entries close on Thursday

Rising Star Awards 2026: Entries close on Thursday

Individuals and organisations nominated have until the end of 25 June to complete their entries

Professional Pensions
clock 22 June 2026 • 1 min read
Buzz: Should Torsten Bell remain as pensions minister under a new government?

Buzz: Should Torsten Bell remain as pensions minister under a new government?

Pensions minister, Andy Burnham premiership and pensions World Cup

Professional Pensions
clock 22 June 2026 • 1 min read
Trustpilot