Investor relations

Phoenix Group is the UK’s largest long-term savings and retirement business

A growing, sustainable business

As the UK’s largest long-term savings and retirement business, we manage £283 billion of assets under administration on behalf of our c.12 million customers. We seek to provide customers with the best possible products and services, reliably and responsibly, as we meet more of their evolving needs on their journey to and through retirement.

Creating long-term value to safeguard the financial future of all of our stakeholders is central to our purpose of helping people secure a life of possibilities. We generate shareholder value by executing our clear strategy and through delivering on our financial framework of cash, capital and earnings. All of which underpins our progressive and sustainable ordinary dividend policy.

2023 performance

“I am delighted that 2023 was another year of strong new business growth for Phoenix Group. Having now built the component parts of a sustainably growing business, the next stage on our journey will see us grow, optimise and enhance our business so we can meet more of our customers’ retirement needs and deliver more value for our stakeholders.”

Andy Briggs, Group CEO