Phoenix reserves £70m for Consumer Duty costs
- Friday, 22 March 2024
- Articles
Phoenix Group, owner of Standard Life and Sun Life, has reserved £70m for the potential impact of Consumer Duty legacy product costs, it revealed in its annual results today.
Read more...Retirement age may need to rise by 8 years
- Wednesday, 17 January 2024
- Articles
The World Economic Foundation has projected that average retirement ages in OECD countries, including the UK, will need to increase by an estimated 8.4 years by 2050 to maintain the current balance between working-age and non-working-age populations.
Read more...1 in 4 young workers has never heard of auto-enrolment
- Monday, 11 December 2023
- Articles
A quarter of young people aged 18-24 years are unaware of auto-enrolment, despite new proposals being published that will extend the scheme to 18-year-olds.
Read more...Standard Life backs Samaritans at Christmas
- Monday, 04 December 2023
- Articles
Standard Life, part of Phoenix Group, is backing the Samaritans charity with a series of activities ahead of Christmas to ensure people know where to turn to if they are struggling to cope during the festive period.
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