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...

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

Women in Pensions Awards 2025: Shortlists revealed!

Women in Pensions Awards 2025: Shortlists revealed!

Judges have carefully selected the impressive nominees for this year’s awards

Professional Pensions
clock 08 July 2025 • 4 min read
News Digest: Forcing pension funds to buy UK assets is 'form of capital control', says Lloyds boss

News Digest: Forcing pension funds to buy UK assets is 'form of capital control', says Lloyds boss

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 08 July 2025 • 1 min read
Buzz: How satisfied are you with the government's pension policies?

Buzz: How satisfied are you with the government's pension policies?

Labour’s pension policies, IFS Pensions Review and GMP equalisation

Professional Pensions
clock 07 July 2025 • 1 min read
Trustpilot