“Can Phoenix Group become the dominant UK platform for workplace and retirement savings by consolidating legacy life books while simultaneously winning new pension savers at scale?”
Phoenix Group is one of the UK's largest long-term savings and retirement businesses, historically focused on closed life insurance fund consolidation. Over time it has expanded into open (active) workplace pensions and retirement savings, competing for new pension savers rather than solely managing legacy books. The TCS partnership for workplace pension administration signals a move toward scalable, technology-enabled pension servicing infrastructure.
Phoenix is founded in 1782 and headquartered in London, UK.
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