PNXGF - Phoenix Group Has A Strategy For Rising Again
2024-06-23 10:54:25 ET
Summary
- Phoenix Group Holdings plc is the UK's largest long-term savings and retirement business, with a focus on smart acquisitions and attractive dividend yield.
- The company has transitioned from a closed-book life consolidator to a purpose-led retirement savings and income business, focusing on organic growth.
- Phoenix is capitalizing on the Pension Risk Transfer trend and has a strong in-house asset management capability, despite facing risks such as interest rate fluctuations and strategic shifts.
Phoenix Group Holdings plc ( PNXGF ) is the UK’s largest long-term savings and retirement business. The Group of companies is made up of eight life companies and an asset management business....
Phoenix Group Has A Strategy For Rising Again