A Top 10 UK Life Company. With 1 big difference
On 1 May, the Resolution businesses (Phoenix, Scottish Provident, Scottish Mutual, Resolution Asset Management) became part of the Pearl Group of companies
What will it mean? Good news, we hope, for all our policyholders. Pearl Group is now a Top 10 UK life company – but with a BIG difference
We start life with one – and only one – focus: improving returns for policyholders of closed funds. (Funds that, like most of those in Resolution, were closed to new business some years ago)
First, we set up our own unique risk & capital analysis – favoured by investment banks but largely unused in the life industry
Second, we scour the world for the best fund managers – outsourcing where necessary
And third, we don’t waste time and money chasing new business
We now look after c£74.9 billion funds & approximately 8.3 million policyholders from many different companies. Welcome