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London Life is a member of the Phoenix group of companies. The Phoenix Group is a specialist owner/manager of long-term savings and investment portfolios which also includes Pearl, Phoenix, NPI and Scottish Mutual International. Phoenix Group Holdings owns the UK’s largest ‘closed’ life funds business. The group has £68.5 billion1 assets under management and serves more than 6 million1 policyholders.
1 As at 30 June 2011
London Life is not selling any further life assurance policies but we welcome increases to existing contracts from existing customers.
As part of The Phoenix Group, London Life also sells a range of financial products including car, home, travel and life insurance.
* A fund is defined as ‘closed’ if no new policies are being sold, ie. it is closed to new business. In the UK, there are approximately 70 closed life funds with a value of more than £290 billion, amounting to one fifth of the long-term insurance sector.
Our history
Visit our history page to find out more about London Life’s 200 year history, dating back to 1806.
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