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Stay up to date with the latest news and press releases from Phoenix Wealth.

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03/07/2023
Consumer Duty rules impacting Phoenix Wealth products from 2024
The Financial Conduct Authority (FCA) is introducing new Consumer Duty rules to increase the standard of customer protection across financial services. The new rules build on previous customer protection regulations such as Treating Customers Fairly and mean that firms must proactively work to deliver good customer outcomes across a number of areas.
20/03/2023
Spring Budget 2023: the changes that affect pension allowances
On 16 March, Jeremy Hunt set out his plans for the UK economy in his latest Budget announcement, which included some major changes to pension allowances. Here’s how those changes could impact your clients’ pension policies.
01/03/2023
Columbia Threadneedle CT UK Property funds suspension lifted – March 2023
Columbia Threadneedle Investments has lifted its suspension of trading in the CT UK Property PAIF and CT UK Property Feeder with effect from 1 March 2023.
18/01/2023
Aviva Investors Property funds – update on closure and distribution of money
We have received the fourth capital payment from Aviva, of 58.94% (for Life funds) and 66.16 % (for Pension funds) of the total net asset value of the funds, as at 16 January 2023.
13/01/2023
Cyber Incident at Royal Mail affects postal services to overseas customers
Customers living outside the UK may currently experience a delay when receiving our communications. This is due to a cyber-incident that is disrupting services at Royal Mail which means they’re temporarily unable to send items outside the UK.
18/11/2022
LF Woodford Equity Income - update on closure and distribution of money
Link Fund Solutions (LFS), who administer the underlying fund will be making capital distributions in phases as and when they manage to sell assets. We received the fifth proceed on 11 November 2022.
04/11/2022
Important - essential work on our IT systems (11-15 November)
We need to carry out some essential work on our IT systems which isn't possible to do over the weekend. During this period, some of our online services will be unavailable and there may be a very small impact on our servicing ability but this shouldn't impact the majority of our turnaround times.
13/10/2022
Suspension of Columbia Threadneedle CT UK Property funds – October 2022
Columbia Threadneedle Investments has suspended trading in the CT UK Property PAIF and CT UK Property Feeder with effect from 10 October 2022.
30/06/2022
Threadneedle funds rebrand
From 4 July 2022, the fund names for a select number of Threadneedle funds will be rebranded to Columbia Threadneedle (CT).
20/06/2022
Aviva Investors Property funds – update on closure and distribution of money
We have received the third capital payment from Aviva, of 39.23% (for Life funds) and 41.87% (for Pension funds) of the total net asset value of the funds, as at 16 May 2022.
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