Phoenix appoints ex-Aviva boss Briggs as CEO

Former Aviva UK Insurance CEO Andy Briggs is set to replace the retiring group chief executive Clive Bannister at the helm of Phoenix Group Holdings.

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FCA fines Standard Life Assurance £30m over pension failures

The FCA has today fined Standard Life Assurance Limited (SLAL) £30,792,500 for failures related to non-advised sales of annuities.

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Phoenix to buy Standard Life Assurance for £3.2bn

Phoenix Group Holdings is planning to buy Standard Life Assurance, the insurance operation, and Vebnet Limited (Standard Life’s employee benefits arm) for a total of £3.24bn.

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