Phoenix Group, Europe’s largest life and pensions consolidator, announced today that its Financial Management Group team has been awarded ‘Investment Team of the Year (Insurer category)’ in the Insurance Asset Risk Awards 2019.
The award was in recognition of the team’s strong contribution to delivering shareholder value over the last 18 months. The Financial Management Group is a team of seven individuals and is headed up by Scott Robertson.
Scott Robertson commented: “This award recognises the hard work, skill and determination of the team in seeking opportunities which enable Phoenix to deliver improved outcomes for our policyholders and deliver value for our shareholders.
“Over the last two years, the team has supported the Group’s strategic objectives including M&A, entry into the bulk purchase annuity market and the direct sourcing of illiquid assets. The Group has diversified its illiquid asset portfolio including infrastructure, renewable energy, green bonds, local authority loans, social housing and equity release mortgages.”
The team will accept the award at a ceremony on 7 March 2019.
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Enquiries
Shellie Wells
Head of Corporate Communications
Phoenix Group
020 3735 0922 / 07872 414 137
shellie.wells@thephoenixgroup.com
Darcy Lillie
Media Relations Consultant
Phoenix Group
020 3735 0102 / 07814 773 280
darcy.lillie@thephoenixgroup.com
Notes to editors
Phoenix Group is a European life consolidator, specialising in the acquisition and management of closed life insurance and pension funds – known as heritage books. Phoenix is the largest consolidator of heritage life insurance books in Europe but also runs an open book underpinned by a strategic partnership with Standard Life Aberdeen. The Group is a member of the FTSE 250 index, and has over 10.4 million policyholders and £240 billion of assets under management – including the recently acquired Standard Life Assurance business. With operations in the United Kingdom, Ireland and Germany, the Group has four operating life companies which hold policyholder assets, and a distribution business, SunLife Limited.