Phoenix Group transitions to full-service savings firm
Phoenix Group Holdings has reported significant progress in its operations throughout 2024. The company, which is based in the UK, is working to transform itself from a closed-book consolidator into a more diverse savings and retirement services provider. The group's profits have shown solid growth, and it has met its medium-term financial goals. Analysts have noted this positive trajectory, highlighting the company's ongoing commitment to expanding its services. As Phoenix Group continues to evolve, it aims to offer a broader range of financial solutions to its customers. This shift is expected to strengthen its position in the savings and retirement market.