In Focus: Protecting the nation  

Phoenix Group ditches plans to sell protection business

“We were the first new provider to enter the annuity market since pension freedoms and have experienced strong demand from customers since doing so.

“We’ve added further choice since with the addition of a smoothed fund in partnership with Fidelity and just last week Standard Life launched a fixed term annuity for those looking for income certainty for a set period of time.”

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tom.dunstan@ft.com

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