Phoenix Group Holdings plc (PHNX.L) reported 2023 new business net fund flows of about 7 billion pounds, up about 80% from the prior year. This was underpinned by improved performance in the Standard Life branded Pension & Savings and Retirement Solutions businesses.
The company said it has delivered about 1.5 billion pounds of total new business long-term cash generation in 2023, achieving its 2025 target two years early.
The Group continues to expect its Solvency II Surplus to be slightly below the 30 June position of 3.9 billion pounds.
The company said it will announce its full year 2023 results on 22 March 2024.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.