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 ...

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