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

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02/02/2024
M&G Property Portfolio funds - update on distribution of money
Following the announcement of the closure of the M&G Property Portfolio fund (and its feeder fund), M&G will be making a series of capital payments, as and when they manage to sell the funds’ assets. We’re expecting to receive an initial payment from M&G between 8 -13 February 2024. Here’s an update on when and how the first payments will be paid out.
05/01/2024
LF Woodford Equity Income - update on suspension and closure
We would like to make you aware of the settlement scheme (“the Scheme”) which has been set up in response to the suspension of the LF Equity Income Pension fund (“the Fund”), previously known as the LF Woodford Equity Income Fund.
10/11/2023
Important - essential work on our IT systems (17-21 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.
04/09/2023
Standard Life launches a new individual annuity to meet increasing desire for a guaranteed income in retirement
Standard Life, part of Phoenix Group, today announces the launch of the Standard Life Pension Annuity, designed to meet this increasing need for certainty and security among those approaching or at retirement.
20/03/2023
Spring Budget 2023: the changes that affect your pension allowances
On 16 March, Jeremey 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 you.
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.
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