Phoenix Group Holdings: Major Rebrand and Strong Financial Performance Mark Strategic Evolution

Strategic Transformation and Financial Strength

Phoenix Group Holdings has announced a significant strategic move to rebrand as Standard Life plc in March 2026, leveraging one of its most trusted brands to reinforce its commitment to retirement services.

Financial Performance and Market Position

The company has demonstrated impressive performance in the first half of 2025, with notable achievements including workplace net inflows of £2.8bn and a substantial 36% growth in IFRS adjusted operating profit to £286m in their capital-utilising spread-based business. The Group’s CSM (gross of tax) has shown a 10% increase to £3,567m.

As a leading UK-based long-term savings and retirement business, Phoenix Group Holdings provides comprehensive savings and retirement income products across various life stages. The company operates through multiple segments.

Corporate Structure and Market Presence

As of August 31, 2025, the company’s issued share capital consists of 1,003,757,404 ordinary shares, each valued at 10 pence. This structure is particularly relevant for shareholders regarding voting rights and disclosure requirements.

Dividend and Financial Outlook

The company has declared a 2025 Interim dividend of 27.35 pence per share, scheduled for payment on October 30, 2025. The ex-dividend date is set for September 25, 2025, with a record date of September 26, 2025.

Looking ahead, the Board maintains its focus on long-term dividend sustainability, with future dividends and increases subject to Board discretion and comprehensive assessment of long-term affordability.

Market Analysis and Future Prospects

The company’s outlook remains positive, supported by strong earnings call performance, positive technical indicators, robust cash generation, and upgraded financial targets.