Phoenix Group ditches plans to sell protection business
WEB4 days ago · Phoenix Group has halted its plans to sell its SunLife business due to "current uncertainty in the protection market". The firm explained that it has decided to discontinue the sale process and ...
Phoenix Group discontinues Sunlife sale as firm reports profit boost
WEB5 days ago · Operating cash generation rose 19 per cent to £647m, which Phoenix put down to "strong delivery of recurring management targets". FTSE 100 pensions giant Phoenix Group said that it had “discontinued” the Sunlife sale process as the firm reported a solid increase in profit in the first half. The firm said it had stopped the sale due to ...
UK insurer Phoenix halts SunLife sale on regulatory uncertainty
WEB4 days ago · The logo of Sun Life Financial is seen in Toronto May 6, 2015. ... Shares fell 2.8% in early trade as the SunLife news overshadowed Phoenix's first-half earnings and total cash that surpassed ...
FTSE 100's Phoenix Group ends Sunlife sale, sees profit surge in …
WEBThis news was released alongside Phoenix's financial results for the first half of the year. The group saw its adjusted operating profit climb by 15% to £360m, a significant increase from £313m ...
Phoenix Dives As FTSE 100 Firm Cancels SunLife Sale - Forbes
WEB4 days ago · Getty Images. Shares in Phoenix Group dropped on Monday as the financial services giant axed plans to sell its SunLife division. At 562p per share, the FTSE 100 firm was last 2.5% lower in start ...
Phoenix pulls SunLife sale as first-half profits rise 15%
WEB5 days ago · 16:40 13/09/24. 0.96%. 5.50p. Pensions, savings and life insurance provider Phoenix reported a 15% increase in adjusted operating profits in the first half and reiterated its medium-term targets ...
UK insurer Phoenix halts SunLife sale on regulatory uncertainty
WEB4 days ago · Shares fell 2.8% in early trade as the SunLife news overshadowed Phoenix's first-half earnings and total cash that surpassed market expectations on pensions and savings business growth. Phoenix reported total cash generation of 950 million pounds ($1.25 billion) in the six months to June 30, surpassing expectations of …
UK insurer Phoenix halts SunLife sale on regulatory uncertainty
WEB4 days ago · Shares fell 2.8% in early trade as the SunLife news overshadowed Phoenix’s first-half earnings and total cash that surpassed market expectations on pensions and savings business growth.
Insurer Phoenix explores sale of SunLife business
WEBJun 26, 2024 · Phoenix Group has revealed it is exploring the sale of its SunLife financial services business. Shares in the retirement and insurance giant slipped in early trading as analysts highlighted...
Phoenix Group considers sale of protection business
WEBJun 26, 2024 · Phoenix Group is looking to sell its protection business Sunlife, having already received some interest. In an announcement today (June 26), the group released a statement announcing the board’s...
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