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Phoenix Group to acquire Sun Life in £248m deal

Savings and retirement provider Phoenix Group is to acquire closed-book UK life insurer Sun Life UK in a deal worth £248m.


Covid claims fuel record insurance payouts says ABI

The Association of British Insurers has revealed that a near doubling of Covid payouts was a major factor in the record £6.8b in payouts on insurance claims in 2021.


Fintech launches protection comparison tool for advisers

Fintech Protection Guru has launched a price and criteria comparison tool for financial advisers seeking protection policies for clients.


L&G to merge insurance and pension arms

Legal & General will merge its retail insurance and pensions divisions from the start of next year.

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