Phoenix Group

Throughout Black History Month, our Mosaic network, DEI team, and the Black Colleagues Working Group have united colleagues across Phoenix Group to celebrate, learn, and engage in meaningful discussions about Black heritage, culture, and history. Here’s a look at some impactful initiatives launched last month: • Cultural Celebration: Showcasing African and Caribbean food, art, and music. • Volunteering Initiative: Supporting career development activities at Ladywell School in London. • Panel Event: ‘Reclaiming Narratives,’ featuring speakers from BlackRock, Phoenix, Synchron, and Bank of New York. • UK Black Business Week & Show: A powerful series of workshops and panels advancing Black talent in the workplace. • Film Club: Screening Half of a Yellow Sun followed by a discussion on racial issues. • Talks and Discussions: Insights from Claire Hawkins, Director of Corporate Affairs and Brand, on allyship, stereotypes, and microaggressions. • Community Conversations: Mosaic and the Carers Network discussing shared challenges and themes. Thank you to everyone who contributed to making this month a journey of growth and connection. We’re excited to build on these efforts year-round! #BlackHistoryMonth #MosaicNetwork #InclusionAndDiversity #PhoenixGroup Dilesh Sangaran Funlola Allo Mohamad Amirul Sidek Colleen W. Simona Provenzano Imran Khan Joseph Kowbel Jane Brierley Joshua Dairo Alina Skrastina Shanice Morgan Juliana Ebube-Awunor, MSc, IMC Mark Udeh, CFA Abbie A M. Laura Greenway

Learn. Work. Retire. Outdated? We think so. Learning throughout your life can help you adapt your career as workplaces evolve and life’s priorities change. We believe it will enable you to stay in work for as long as you need or want so you can have the retirement you wish for. Read our top 5 benefits to lifelong learning now > https://lnkd.in/e4MzdCYQ #LifelongLearningWeek #Retirement

How can UK pensions lead the climate fight? Bruno Gardner, Head of Climate Change and Timothy Fassam, Director of Public Affairs, discuss how the UK pensions industry could invest £1.2 trillion in climate solutions by 2035. >https://lnkd.in/e8htSc6k

Budget announcement statement from Andy Briggs MBE, Phoenix Group CEO: "The way Government invests alongside the private sector will be critical boosting growth in the UK. Today’s changes to the fiscal rules make economic sense if implemented in the right way. As a committed domestic investor, we hope these changes will ensure our capital works better alongside the Government, and helps catalyse investments in the social and economic infrastructure the country needs. "As the UK’s largest long-term savings and retirement business, we are also keen to see what comes out of the upcoming pensions adequacy review. It is crucial this review takes a comprehensive view of both private and state pension provision. The most impactful step would be to incrementally raise minimum auto-enrolment contributions beyond the current levels of 8%. A phased approach to 12% could ensure increased savings without creating undue strain on businesses. It would bring us in line with other nations across the world and result in a much higher standard of living for UK workers in their retirement.”

We're excited to kick off our Meet the Network series with a spotlight on Mosaic, the Phoenix colleague network for ethnically diverse colleagues and their allies. Mosaic is dedicated to celebrating the diverse cultures within our workforce by driving awareness, providing support, and creating opportunities for all colleagues to connect and thrive. We believe it’s important that everyone feels like they belong in their workplace, so they can continue to earn and save for their future. Hear from our co-chairs Dilesh Sangaran and Funlola Allo as they share their insights on the importance of diversity in the workplace.

Did you know that encouraging mid- to late-career workers with relevant skills and expertise to take up ‘green’ jobs will be pivotal for the UK’s Clean Power 2030 mission? Read our latest report, ‘Resourcing the Net Zero Transition: What Do Workers in their Mid- and Late-careers Think of Green Jobs?’, below as we explore perceptions of green jobs, and the need to retrain workers to meet the UK’s net zero target. 3 key findings are: > Workers over 50 in sectors with transferrable skill sets play a vital part in the nation’s net zero transition. > Phoenix Insights’ research has found that many such workers are hesitant to take on these new roles (citing concerns such as job insecurity, salary expectations, unclear job descriptions and uncertainty about their qualifications). > Encouraging workers with relevant skills and expertise to take up ‘green’ jobs in the short term is pivotal. #NetZero #Careers #Insight #Report

From extra sick days to leaving the workforce, menopause can impact women’s ability to prepare for retirement. Data shows there is a significant gap between what men and women are saving for their future, and to support women in closing this gap we believe employment policies like flexible work and menopause support can help. Click to find out more about menopause at work > http://spr.ly/6044qLmpq #MenopauseInTheWorkplace, #Menopause, #MenopauseSupport, #MenopauseAwareness, #Retirement

Our business is built around colleagues who want to make a difference. This #MenopauseAwarenessMonth we’re celebrating Mandy Reid who leads our wellbeing community. She has been instrumental in developing how we support our colleagues, in particular around menopause and mental health. Last month Mandy and the business were recognised by becoming finalists in the Best Individual Contribution and Peer to Peer categories at the Menopause Friendly Employer Awards. The latter celebrating organisations that have created the best approaches to enabling peer to peer support. Well done Mandy and thanks for all your efforts in helping our colleagues stay in work so they can continue to save for their future. Read Mandy’s story here > https://lnkd.in/dprmJVrq #Retirement #MenopauseInTheWorkplace, #Menopause, #MenopauseSupport, #MenopauseAwareness

Can pension investment help tackle climate change? #Pensions #ClimateChange #Investment

In our latest report we explore what mid to late career workers think of green jobs and the need to retrain workers to meet the UK’s emission reduction targets. Find out more here > https://lnkd.in/eSJJzdxx #Report #ClimateChange #Careers