The intervening years between the two Meaning of Life reports has seen unprecedented change within the life industry and in wider society. Changes such as the roll-out of pension freedoms and the implementation of Solvency II will continue to have a profound effect upon the shape of the market. It is vital the industry works with policymakers to ensure the best possible outcomes for consumer protection and the sector’s own future.
As the UK’s largest consolidator of closed life and pension funds, Phoenix has an important voice, and indeed must play a lead role in these important industry discussions.
‘The Meaning of Life 2' industry report 2017
Pensions Institute press release
‘The Meaning of Life’ industry report 2015
"We can use the report with our peers to engage in discussion with other stakeholders"
Clive Bannister, Chief Executive Officer