Over recent years, we have transferred policies from a number of different life companies to become part of either Phoenix Life Limited or Phoenix Life Assurance Limited.

Bringing together separate companies and funds within our group enables us to make better use of our resources (including capital), reduce running costs and improve the service we offer you. Having fewer companies and brands also makes it easier for you to deal with us.

All our transfers and mergers are approved by the UK High Court and reviewed by our regulators.

More information on the recent transactions is provided below.

Phoenix Life Limited

December 2016 – transfer of certain pension annuities to ReAssure Limited

On 31 December 2016, we transferred certain pension annuities to ReAssure Limited.

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December 2016 – Proposed transfer of certain pensions annuities to ReAssure Limited

On 31 December 2016, we transfer certain pension annuities to ReAssure Limited.

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September 2013 - Transfer of certain pension annuities to Guardian Assurance Limited

On 30 September 2013, certain pension annuities transferred from Phoenix Life Limited to another UK life insurance company, Guardian Assurance Limited.

September 2013 pension annuity transfer

March 2012 – Transfer of all policies of NPI Limited (NPIL) and certain policies of National Provident Life Limited (NPLL) to Phoenix Life Limited

On 31 March 2012, we transferred all NPIL policies and certain NPLL policies to Phoenix Life Limited. The NPIL policies that transferred included former Pearl Assurance (Unit Linked Pensions) Limited, Pearl Assurance (Unit Funds) Limited and London Life Linked Assurances Limited policies that were moved to NPIL in October 2006.

March 2012 transfer

2011 - Transfer of all policies of Phoenix & London Assurance Limited (PALAL) to Phoenix LIfe Limited

In February 2011, we transferred all PALAL policies to Phoenix Life Limited.

PALAL transfer

2009 - Transfer of policies of Scottish Mutual Assurance Limited and Scottish Provident Limited

We transferred certain protection products from Scottish Mutual Assurance Limited and Scottish Provident Limited to Royal London in December 2008. For information on these products, visit www.scotprov.co.uk. We transferred the rest of the business of these companies to Phoenix Life Limited In February 2009.

2006 - Transfer of business to Phoenix Life Limited

In December 2006, we transferred the life assurance business of six companies into Phoenix Life Limited. The companies were Alba Life Limited, Britannic Assurance plc, Britannic Retirement Solutions Limited, Britannic Unit Linked Assurance Limited, Century Life plc and Phoenix Life & Pensions Limited.

Phoenix Life Assurance Limited

June 2015 - Transfer of National Provident Life Limited policies

On 30 June 2015, all the policies of National Provident Life Limited transferred to Phoenix Life Assurance Limited. Read more

September 2013 - Transfer of certain pension annuities to Guardian Assurance Limited

On 30 September 2013, certain pension annuities transferred from Phoenix Life Assurance Limited to another UK life insurance company, Guardian Assurance Limited.

September 2013 pension annuity transfer

September 2012 - Transfer of all London Life policies to Phoenix Life Assurance Limited

Phoenix Life Assurance Limited was previously known as Pearl Assurance Limited. Its name was changed on 28 September 2012 to reflect the fact that the enlarged company is a key part of the Phoenix Group.

On 30 September 2012, all London Life Limited policies transferred to Phoenix Life Assurance Limited.

September 2012 transfer and name change

February 2010 – Transfer of certain policies of National Provident Life Limited (NPLL), known as Self Employed Retirement Plans, to Pearl Assurance Limited

We transferred National Provident Life Limited With-Profits Self Employed Retirement Plans to Pearl Assurance Limited in February 2010. Pearl has since been renamed Phoenix Life Assurance Limited.

BA (GI) Limited

On 31 March 2012, we carried out a transfer of non-life insurance business from Pearl Assurance Limited (Pearl) to BA (GI) Limited, another company within the Phoenix Group.

March 2012 transfer of non-life business from Pearl to BA (GI) Limited