Phoenix Group Holdings plc, the UK’s largest long-term savings and retirement business, has announced its intention to explore the potential sale of SunLife Limited, its subsidiary catering to the over 50s market in the UK. This decision comes as Phoenix Group looks to streamline its operations and focus on its core vision of becoming the […]
Allianz Life Insurance Company of North America (Allianz Life) has expanded its portfolio with the introduction of the Allianz Accumulation Advantage+ Annuity, a new product aimed at bolstering retirement savings. This fixed index annuity blends impressive accumulation potential with a premium bonus, showcasing Allianz’s commitment to innovative and flexible financial solutions. Additionally, the recent launch […]
Raisin acquisition of fairr : Open banking fintech Raisin has acquired fairr, a German-based retirement savings specialist, in a transaction involving shares as well as cash, as per the latest fintech industry news. The acquisition comes close on the heels of Raisin’s addition of service bank MHB-Bank to its portfolio this year. Post-acquisition, Raisin will […]