Description
Phoenix Group is the UK’s largest long-term savings and retirement business with c.13 million customers and c.£310 billion of assets under administration. As a purpose-led organisation we are committed to delivering better outcomes for all of our stakeholders, including our customers, colleagues, investors and wider society.
As the country navigates a shifting pensions landscape, we will continue to support people in their journey to and through retirement by providing solutions to their long-term savings and retirement needs. This means providing the right guidance and products, at the right time, to support the right decisions. As a market leader, we believe we have a core social purpose, to help as many people as possible secure a life of possibilities. Approach
We believe that Phoenix Group has a significant opportunity to make a difference in creating the sustainable future we all want. That is why we have set a comprehensive sustainability strategy which is fully aligned to our purpose of helping people secure a life of possibilities and addresses the issues impacting our industry such as the growing pension savings gap and climate change.
Our strategy has evolved during 2021 and we remain focused on delivering for our c.13 million customers and investing our £310 billion of assets under administration in a sustainable manner. We now have three areas of focus that enable us to more clearly communicate the impact we want to have and how we are delivering it: investing in a sustainable future, engaging people in better financial futures, and building a leading responsible business.