Aviva/Friends Life deal highlights £340bn opportunity for closed-book consolidators

Phoenix Group executives had expected hiatus in transactions


Regulators warned against "reckless prudence"

Capital requirements beyond reason says Davies


Standard Life confirms Ignis Asset Management talks

Insurer in advanced discussions to buy asset manager


Phoenix revolutionizes its actuarial systems and processes

Phoenix Group has embarked on one of the most ambitious technology transformations ever attempted which will see it replace its myriad legacy systems with one automated, unified system. It's also introducing daily solvency monitoring and embracing on-demand computing.