Phoenix sees 'record' H1 results generating £950m

New business cash generation more than doubled to £430m in the first half of 2022

Holly Roach
clock • 4 min read
Phoenix sees 'record' H1 results generating £950m

Phoenix Group has seen “record” 2022 half year results, with cash generation reaching £950m as the firm plans to deliver its target range for the year.

The firm's interim results - published today (15 August) - revealed its operating companies' cash generation in the six months to 30 June 2022 sat at £950m, up from £872m in the same period the yea...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Small pensions pot consolidator launched, Mansion House Compact II draft circulated, TPR superfund blog

Professional Pensions
clock 25 April 2025 • 1 min read
Utmost posts 90% annual AUA increase after entrance to UK BPA market

Utmost posts 90% annual AUA increase after entrance to UK BPA market

Group surpasses £100bn AUA mark but posts decrease in operating profit

Jasmine Urquhart
clock 25 April 2025 • 1 min read
Drive up social mobility to boost DEI initiatives, NextGen urges

Drive up social mobility to boost DEI initiatives, NextGen urges

Research finds industry focus groups have concerns over ‘diversity-washing’

Martin Richmond
clock 25 April 2025 • 4 min read
Trustpilot