Phoenix Group Holdings Ltd. is a specialist closed life and pension fund consolidator, which engages in management and acquisition of closed life and pension funds. The company operates its business through two segments: Life Assurance-Phoenix Life and Ignis Asset Management. The Life Assurance segment manages a range of whole life, term assurance and pension products. The Asset Management segment provides investment management services to the life companies within the Group and to third parties, covering both retail and institutional investors. The company was founded in 1857 and is headquartered in St. Helier, Jersey.