SunLife sale to Phoenix completes
SunLife, the over-50s insurer, has completed its sale from AXA to become part of the Phoenix Group.
SunLife's managing director Dean Lamble and his management team will continue to lead the business. Phoenix Group is the UKs largest closed book consolidator which has 5.4 million customers and manages £64 billion of assets now the sale has completed. The company will operate as an independent distribution business reporting into Phoenix Life which is led by Andy Moss, Phoenix Life CEO. Moss said: "We are pleased to have acquired the SunLife business. SunLife is a market leader in its field...
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