Phoenix moves to simplify own scheme's benefits with PIE

Nearly two fifths of eligible pensioners in a scheme sponsored by Phoenix Group have accepted a pension increase exchange offer, which has shaved about £20m from the bulk annuity insurer's defined benefit liabilities.

Register now for FREE to read this article

If you are already a registered you can SIGN IN now

Register today for free!

It’s quick and easy, and as a registered user you’ll have full access to all Pension Expert articles. You will also be able to recieve editorial emails.

  • Full access to all news, analysis and expert comment
  • The latest industry insights delivered to your inbox on a Tuesday and Thursday morning
  • The Friday Takeaway newsletter reviewing the major events of the week
  • Bookmark your favourite articles for easy review
  • Hear about and register to attend Pensions Expert and DG Publishing events