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2024 performance

We are proud to be the UK’s largest long-term savings and retirement business.

We want to help people journey to and through retirement while shaping a better future. With over £290 billion of assets under administration, we offer our c.12 million customers a broad range of savings and retirement income products through our family of brands. We’re here to create long-term value for all our stakeholders, including customers, colleagues, investors and wider society.

Together, we’re helping people secure a life of possibilities, making better longer lives a reality for all of us. 

 

 

Chair statement

“At the heart of Phoenix is its purpose and it drives our determination to help more people journey to and through retirement, while delivering better outcomes for all our stakeholders”

Sir Nicholas Lyons, Chair of the Group Board

Nicholas Lyons 2024 2
Andy in the office 2024 2

CEO Statement

“We are executing on our 3-year strategy to become the UK’s leading retirement savings and income business, meeting more of our customers’ retirement needs, delivering on our financial targets and creating value for our stakeholders.”

Andy Briggs, Group Chief Executive Officer

CFO Statement

“The Group has had a positive first year executing against its 3-year strategy and financial framework targets, with our strong operating momentum delivering sustainable cash generation and improved financial flexibility to support our strategic priorities.”

Nicolaos Nicandrou, Group Chief Financial Officer

Nicolaos Nicandrou 2024 2