OverviewSuggest Edit

Phoenix Group Holdings is a long-term savings and retirement company. It engages in the management of insurance policies, which include active and closed life insurance products. The company also provides workplace pensions, and customer savings and investments products under the Standard Life brand. Its retirement solutions business includes vesting annuities and bulk purchase annuity business, where it acquires annuities and delivers the financial stability for secure pensions.
TypePublic
Founded1782
HQLondon, GB
Websitethephoenixgroup.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2020)7,653(+74%)
Job Openings51
Revenue (FY, 2018)(£6.9 B)(-212%)
Share Price (Oct 2021)£6.6
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Phoenix Group

Nicholas Lyons

Nicholas Lyons

Chairman & Nomination Committee Chairman
Andy Briggs

Andy Briggs

Group Chief Executive Officer & Director
Tony Kassimiotis

Tony Kassimiotis

Group Chief Operating Officer
Alastair Barbour

Alastair Barbour

Senior Independent Director & Audit Committee Chairman
Andy Curran

Andy Curran

CEO Savings and Retirement UK & Europe and Group Director Scotland
Christopher Minter

Christopher Minter

Non-Executive Director, Swiss Re
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Phoenix Group Office Locations

Phoenix Group has offices in London and Wythall
London, GB (HQ)
Juxon House, 100 St. Paul's Churchyard
Wythall, GB
1 Wythall Green Way
Show all (2)

Phoenix Group Financials and Metrics

Phoenix Group Revenue

Phoenix Group's revenue was reported to be (£6.87 b) in FY, 2018
GBP

Revenue (FY, 2018)

(6.9b)

Net income (FY, 2018)

410.0m

Market capitalization (22-Oct-2021)

6.6b

Closing stock price (22-Oct-2021)

6.6

Cash (31-Dec-2018)

4.9b

EV

4.4b
Phoenix Group's current market capitalization is £6.6 b.
Annual
GBPFY, 2016FY, 2017FY, 2018

Revenue

7.4b6.1b(6.9b)

Revenue growth, %

(18%)

Cost of goods sold

1.2b2.7b

Gross profit

6.2b3.4b
Half Year
GBPH1, 2017

Revenue

2.9b

Cost of goods sold

1.5b

Gross profit

1.4b

Gross profit Margin, %

48%
Annual
GBPFY, 2016FY, 2017FY, 2018

Cash

1.7b2.2b4.9b

Accounts Receivable

1.2b1.8b7.7b

Prepaid Expenses

361.0m355.0m

Current Assets

92.5b
Half Year
GBPH1, 2017

Cash

1.8b

Accounts Receivable

1.3b

Prepaid Expenses

360.0m

PP&E

28.0m
Annual
USDFY, 2016FY, 2017

Cash From Operating Activities

(1.9b)1.1b

Cash From Investing Activities

(1.2b)

Short-term Borrowings

(882.0m)(1.1b)

Dividends Paid

(193.0m)(126.0m)
Half Year
GBPH1, 2017

Cash From Operating Activities

263.0m

Short-term Borrowings

(503.0m)

Dividends Paid

(94.0m)
GBPFY, 2016

Debt/Equity

0.6 x

Financial Leverage

25.8 x
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Phoenix Group Operating Metrics

Phoenix Group's Assets Under Management was reported to be £74b in FY, 2017.
H1, 2017FY, 2017

Assets Under Management

£75 b£74 b

Partners

36

Policyholders

6 m5.6 m

Suppliers

800
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Phoenix Group Revenue Breakdown

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Phoenix Group revenue breakdown by business segment: 99.9% from Phoenix Life and 0.1% from Other

Phoenix Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Phoenix Group Online and Social Media Presence

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Phoenix Group News and Updates

Phoenix Group is continuously reorienting Supply Chain systems to stay on track with its expansion and growth

Phoenix Group is continuously reorienting Supply Chain systems to stay on track with its expansion and growth

Phoenix Group Gets Regulatory Nod for Harmonization of Internal Models

Phoenix Group Gets Regulatory Nod for Harmonization of Internal Models

We've introduced a creative solution to social distancing

We've introduced a creative solution to social distancing!With the easing of Covid restrictions we’ve been thinking about how we ensure colleagues coming into the office are comfortable with the levels of social interactions they are experiencing by introducing coloured lanyards and bands.

2021 Half Year Results

Phoenix Group delivers a strong H1 performance – £872m of cash generation, a resilient balance sheet and increased new business LTCG

Half Year Results Webcast

Phoenix Group will be presenting its 2021 Half Year Results on Wednesday 11 August 2021.The event will be hosted via a live webcast, from 08:30 to 09:30 (BST), with the facility to ask questions.

Phoenix Group establishes a new centre of research to help people live better longer lives

Phoenix Group (“Phoenix”), the UK’s largest long term savings and retirement business, is today announcing it is establishing Phoenix Insights, a new centre of research and ideas that will drive forward greater public engagement and challenge society to help everyone live better longer lives.
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Phoenix Group Frequently Asked Questions

  • When was Phoenix Group founded?

    Phoenix Group was founded in 1782.

  • Who are Phoenix Group key executives?

    Phoenix Group's key executives are Nicholas Lyons, Andy Briggs and Tony Kassimiotis.

  • How many employees does Phoenix Group have?

    Phoenix Group has 7,653 employees.

  • Who are Phoenix Group competitors?

    Competitors of Phoenix Group include Achmea, Canada Life and Ageas.

  • Where is Phoenix Group headquarters?

    Phoenix Group headquarters is located at Juxon House, 100 St. Paul's Churchyard, London.

  • Where are Phoenix Group offices?

    Phoenix Group has offices in London and Wythall.

  • How many offices does Phoenix Group have?

    Phoenix Group has 2 offices.