Here at Phoenix Group our roots go back to 1782

We know a thing or two about longevity

We’ve been around for over 240 years, growing steadily through a series of mergers and acquisitions.

Most recently, we’ve added well-known brands such as Standard Life, SunLife and ReAssure to our portfolio.

We started by travelling door-to-door selling life assurance policies, now we look after the pensions, savings and investments of around 12 million customers across the UK and Europe.

Over the past two centuries, through name changes, location changes and product changes, one thing has remained constant – we’ve been helping people secure a life of possibilities.

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We’re making change happen

As the UK’s largest long-term savings and retirement business, we have the responsibility and opportunity to tackle some of the biggest challenges of our time.

We always have one eye on the future. From helping our customers secure their financial future, to protecting the future of our planet by increasing our sustainable investments. We’re at the start of a very important journey.

We cannot make these changes alone.

Through our Phoenix Insights think tank, we’re leading fresh debate, prompting national conversation and inspiring action to make better longer lives a reality for all of us.

We’re using our unique insight and scale to collaborate with peers, the government and regulators to deliver positive societal change.

We’ve been around for over 240 years, but we’re just getting started.

Key milestones

  • 2023
    • We became one of the first UK organisations to join forces with the Living Wage Foundation and sign up as a Living Pension Employer
    • Award of the Terra Carta Seal, launched at COP26, for our commitment and action on climate change and biodiversity loss
  • 2022
    • Launch of Phoenix Insights think tank to transform how society responds to the possibilities of longer lives
    • Signature of Vision for Literacy Business Pledge 2022
  • 2021
    • Samaritans chosen as charity partner by UK colleagues (a partnership now extended until 2024)
    • Acquisition of Standard Life brand
  • 2020
    • Acquisition of ReAssure
    • Membership of the FTSE 100 index
  • 2018
    • Acquisition of Standard Life Assurance Limited and the beginning of our strategic partnership with Standard Life Aberdeen PLC
  • 2016
    • Acquisition of AXA Wealth’s pensions and protection business including SunLife
    • Acquisition of Abbey Life
  • 2010
    • Pearl Group changes its name to Phoenix Group Holdings
  • 2009
    • Fund merger programme Scottish Mutual Ass Ltd & Scottish Provident Ltd rebranded Phoenix Life Ltd (only for life & pension product)
    • Liberty Acquisition Holdings (International) acquires Pearl Group Ltd and becomes the ultimate holding company
  • 2008
    • Pearl Group Ltd acquires Resolution PLC for £5bn and sells open business of Scottish Mutual Assurance Ltd & Scottish Provident Ltd
  • 2006
    • Resolution PLC Acquires Abbey National plc’s Life businesses
  • 2005
    • Resolution Life Group Ltd merges with Britannic Group plc and becomes Resolution PLC
    • Britannic Group acquires Century Group
    • HHG sells Pearl, London Life and NPI to Sun Capital, Partners and TDR Capital: Pearl
  • 2004
    • Resolution Life Group Ltd acquires UK Life operations of Royal & Sun Alliance
    • Britannic Group acquires Life operations of Allianz Cornhill
  • 2003
    • Resolution Life Group established to manage closed life funds
    • Britannic closes to new business
    • AMP closes Life Companies to new business and demerges them as HHG with Henderson Investors
  • 2001
    • Abbey National acquires Scottish Provident
  • 1999
    • Britannic acquires Alba Life (previously named Britannia Life)
    • AMP acquires NPI
  • 1998
    • Alba Life closes to new business
  • 1997
    • AMP demutualises and separates from London Life Ltd comprising London Life & AMP (UK)
  • 1996
    • Royal Insurance and Sun Alliance merges to become Royal & Sun Alliance
  • 1995
    • AMP closes London Life to new business
  • 1993
    • Abbey National establishes Abbey National Life to include Scottish Mutual
  • 1992
    • Scottish Mutual acquired by Abbey Life
  • 1989
    • London Life merges with Australian Mutual Provident Society (AMP)
  • 1984
    • Sun Alliance acquires Phoenix Assurance
  • 1983
    • Century Life closes to new business
  • 1866
    • British Workman’s Association (renamed Britannic Assurance)
  • 1864
    • Pearl Life Assurance Loan and Investment Company Limited
  • 1835
    • National Provident Institution
  • 1806
    • London Life
  • 1782
    • Phoenix Assurance