Phoenix Group and LV= publish annual results

Performance at Phoenix driven by strong pension and savings business growth

Jonathan Stapleton
clock • 2 min read
Photo: Sezeryadigar via iStock
Image:

Photo: Sezeryadigar via iStock

Phoenix Group and LV= have published their annual results – with both firms showing strong growth in operating profits during 2023.

Phoenix Group said that, in the year to 31 December 2023, IFRS adjusted operating profit before tax increased 13% to £617m, driven by strong growth in its pension and savings business, which was up...

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