Phoenix Group Holdings plc (PHNX.L)
Phoenix Group Holdings plc operates in the Insurance - Life industry of the Financial Services sector, headquartered in London, GB. The stock last traded at $743.80, up 5.03% on the session, giving a market capitalisation of $7.45B. Its beta of 0.85 implies it has historically moved less than the broad market.
Phoenix Group Holdings plc is a European financial services firm specializing in long-term savings and retirement solutions. Its operations are structured across four main divisions: UK Heritage, UK Open, Europe, and Management Services. The company offers a diverse portfolio of pension and savings vehicles designed to assist individuals throughout their financial planning journey, from early savings to retirement. This includes the administration of existing (in-force) Heritage life and pension policies, alongside the provision and oversight of new long-term savings and pension products. Key offerings encompass a variety of financial instruments such as with-profits and unit-linked investment funds, annuities, workplace pension schemes, and tailored individual savings and retirement plans. It caters to a broad clientele, including private individuals, corporations, and employers. The firm maintains strategic alliances with notable entities like abrdn plc, TCS, and HSBC. Established in 1782, Phoenix Group Holdings plc has its headquarters in London, United Kingdom.
Phoenix Group Holdings plc is most often compared with the following Financial Services names: