How to trade Phoenix Group stock: a complete guide

Learn all about Phoenix Group, with information on the company’s history and share price journey, its share trading hours, and how to trade Phoenix Group share CFDs with Capital.com.
What is Phoenix Group?
Phoenix Group is the UK’s largest long-term savings and retirement business, specialising in life insurance, pensions, and asset management. The company focuses on helping customers secure their financial future by managing both in-force insurance policies and new pension and retirement solutions. Phoenix Group operates well-known brands, including Standard Life, SunLife, ReAssure, and Phoenix Group Life.
Phoenix Group stock: key points for CFD traders
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Stock information: Phoenix Group is listed on the London Stock Exchange (LSE) under the ticker PHNX and is a constituent of the UK 100.
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Business model: the company generates revenue from managing existing policies, acquiring life insurance books, and providing pension solutions.
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Market factors: Phoenix’s stock performance is influenced by interest rates, regulatory changes, pension industry trends, and financial market conditions.
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Competitors: key competitors include Legal & General, Aviva, and M&G.
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Recent challenges: the company faces regulatory pressures, changing pension landscapes, and market volatility, which can impact stock movements and create potential trading opportunities.
How has Phoenix Group’s share price evolved?
Phoenix Group’s share price has seen steady growth and market fluctuations since its debut as a publicly traded company. As the UK’s largest long-term savings and retirement provider, its stock performance has been shaped by acquisitions, regulatory changes, interest rates, and financial market conditions.
Steady expansion and FTSE 100 inclusion
Phoenix Group listed on the London Stock Exchange (LSE) in 2009 and has since grown through major acquisitions, including Standard Life Assurance in 2018 and ReAssure in 2020. These deals helped Phoenix expand its customer base and assets under management, driving share price growth and securing its place in the UK 100 index.
Market challenges and regulatory pressures
Like other insurers, Phoenix Group has faced regulatory shifts, interest rate fluctuations, and evolving pension landscapes. Changes to pension freedoms, rising longevity risks, and economic uncertainty have all contributed to periodic stock volatility. While strong cash generation and steady dividend payments have supported investor confidence, external market conditions have created headwinds at times.
Resilience through economic shifts
Despite market downturns in 2022, Phoenix Group maintained a robust dividend policy, reinforcing its appeal to income-focused investors. In 2023, the company focused on organic growth, capital efficiency, and cost management, which helped stabilise its share price.
Outlook for the future for Phoenix
In 2024, Phoenix Group continued to benefit from rising demand for retirement solutions and pension consolidation. With a strategy focused on sustainable growth and capital optimisation, the company remains a key player in the UK financial sector, attracting long-term investors looking for stability and strong dividend returns.
Past performance is not a reliable indicator of future results.
What factors might affect the Phoenix Group live share price?
Phoenix Group’s share price is influenced by sector-specific trends, economic conditions, and company performance. Here are the key factors traders should watch:
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Interest rates and economic conditions: as a long-term savings and pension provider, Phoenix Group is highly sensitive to interest-rate movements. Higher rates can boost investment returns, but may also impact demand for retirement products. Broader economic stability and inflation can impact consumer confidence in pensions and insurance products.
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Mergers, acquisitions, and business expansion: Phoenix Group’s growth strategy relies on acquiring life insurance books and pension assets. Major acquisitions, such as Standard Life Assurance and ReAssure, have previously boosted investor confidence. Future deals, or any regulatory hurdles affecting these transactions, could drive share price movement.
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Financial performance and dividend stability: Phoenix Group’s earnings reports, cash flow, and dividend policy are closely monitored. As a high-dividend stock, investor sentiment often depends on its ability to maintain or grow dividend payouts. Any signs of weaker cash reserves or higher-than-expected costs could pressure the stock.
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Regulatory changes in pensions and insurance: changes in UK pension regulations, insurance industry oversight, or capital requirements can impact Phoenix Group’s business model. For example, shifts in pension freedoms or government policies influencing annuities may alter demand for its services.
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Market competition and positioning: Phoenix competes with Legal & General, Aviva, and M&G, among others. Market share changes, new product launches, or industry consolidation can affect its stock performance. A strong position in the growing retirement market remains a key factor for long-term growth.
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ESG factors and long-term sustainability: as a pension and asset manager, Phoenix Group is expected to align with environmental, social, and governance (ESG) principles. Investor sentiment may be influenced by its sustainability initiatives, ethical investment policies, and regulatory compliance.
By staying informed about these factors, traders and investors can better understand Phoenix Group’s share price movements and potential trading opportunities.
What are Phoenix Group’s stock trading hours?
Phoenix Group shares trade on the London Stock Exchange (LSE) from Monday to Friday, 8:00am to 4:30pm (UK time).
If you're trading CFDs, you can follow the Phoenix Group stock performance in real time with the comprehensive Phoenix Group share price chart.
Keeping an eye on earnings reports, interest rate changes, and pension industry trends can help traders identify potential short-term price movements.
Phoenix Group trading strategies
Navigating Phoenix Group’s share price movements can be approached using trend, breakout, and range trading strategies.
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Trend trading aims to follow the stock’s overall direction—rising on strong earnings and market confidence or declining due to regulatory changes or interest rate shifts.
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Breakout trading focuses on price surges beyond key resistance or support levels, often triggered by major acquisitions, financial updates, or economic announcements.
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Range trading takes advantage of repeated price movements within a set range, which can occur when the stock consolidates between earnings reports or market developments.
Traders often use technical analysis tools like RSI and MACD to track momentum, while fundamental factors such as earnings performance, pension industry trends, and macroeconomic conditions also play a crucial role. On the fundamental side, find out what’s moving the markets with our news and analysis.
How to trade Phoenix Group shares with CFDs
If you want to take a position on Phoenix Group shares, you have two options. First, you can buy physical shares in the company through the exchange on which it’s listed. In this case, investing in Phoenix Group stocks means you will own a share, or shares, in the company. This can be considered a long-term investment, as you’re hoping for the price to rise over time.
Alternatively, you can trade a derivative product such as a contract for difference (CFD) on the underlying Phoenix Group stock market price, and speculate on its price movements without actually owning the asset. A CFD is a financial contract, typically between a broker and a trader, where one party agrees to pay the other the difference in the value of a security, between the opening and closing of the trade.
Unlike physical share ownership, you can either hold a long position (speculating that the price will rise) or a short position (speculating that the price will fall). This is considered a short-term investment or trade, as CFDs tend to be used within shorter timeframes.
Using leverage
Another key difference between buying physical Phoenix Group shares and trading through a derivative is the leverage that can be employed with the latter. CFDs are typically traded on margin, which means that a trader has exposure to larger positions with a relatively small outlay. Using this method, both your profits and losses may be amplified, making leveraged trading risky. You can learn how to trade shares in our comprehensive guide to shares trading.
To trade Phoenix Group stock CFDs with us, just sign up for a Capital.com account, and once you’re verified, you can use our advanced web platform or download our intuitive yet easy-to-use app. It’ll take just a few minutes to get started and access the world’s most-traded markets.
Why trade Phoenix Group CFDs with Capital.com?
Trading CFDs with Capital.com means you’ll enjoy an intuitive, user-friendly platform, 24/7 support, fair and transparent pricing, along with award-winning education to help build your experience in the markets.* You can seamlessly integrate our smart platform with elite third-party software TradingView and MT4, and refine your strategies with our risk-free demo.
*Awarded best-in-class for education at ForexBrokers.com’s 2024 Annual Awards
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