The purpose of FTSE250 Phoenix Group is to decommission closed life funds 'safely, innovatively and profitably' - improving returns for customers and delivering value for its shareholders. A fund is defined as 'closed' if no new policies are being sold. The group has £68.5bn of assets under management and serves more that six million policy holders. It has two core segments: life assurance (Phoenix Life) and asset management (Ignis Asset Management), which together employ around 1,200 people across the UK and Channel Islands.
Phoenix Group Holdings Plc Ord 10P is listed on the London Stock Exchange trading with ticker code PHNX.L, and is part of the Insurance sector. It has a market capitalisation of £488,036m, with approximately 721m shares in issue.
Phoenix Group Holdings, officially known as Phoenix Group Holdings Plc Ord 10P was formed in October of 2004, making the company fifteen years old. The company filed its latest accounts on 30th April 2014. Phoenix Group Holdings currently has 1 directors, and has had 1 previous directors over the last 15 years. In the accounts filed in 2014, the company paid 0 in dividends. These accounts also showed Phoenix Group Holdings to have a net worth of 153 thousand, with 16 thousand held in cash.
Phoenix Group Holdings is in the Insurance sector.
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|Shares in Issue||721m|
|52 Week High||0.00|
|52 Week Low||0.00|