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Phoenix Group merges AM and retirement divisions under CIO Mike Eakins

Written by Adam Cadle
29/01/2025

Phoenix Group’s retirement solutions and asset management divisions are to come together to create a new business unit, following the decision of Standard Life CEO, Andy Curran, to retire in the summer.

The new business unit will be led by Phoenix Group chief investment officer, Mike Eakins.

Phoenix Group stated: “This structure will create many opportunities for Phoenix Group to deliver real benefits from bringing the capital intensive elements of its business into one place and develop retirement propositions together.”

Tom Ground, CEO, retirement solutions, will report into Eakins and remain a member of the executive committee.

Leadership consistency will be retained in the Standard Life business with Colin Williams, Tom Ground and Nigel Dunne remaining in their roles, as well as Mark Screeton continuing as SunLife CEO.


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