Aberdeen confirms transfer of £3bn of pension policies from Phoenix Life

Existing policyholders will see minimal changes but will access extended fund range

Jasmine Urquhart
clock • 1 min read
Aberdeen confirms transfer of £3bn of pension policies from Phoenix Life

Aberdeen has confirmed £3bn of pension policies have been transferred from Phoenix Life to Abrdn Life and Pensions.

The transfer of the defined benefit, defined contribution, and Local Government Pension Scheme policies will mean "minimal changes" for members, but all policyholders will be able to access an "ext...

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