Phoenix : appoints Tim Fassam as Public Affairs Director

Phoenix Group, the UK's largest long-term savings and retirement business, today announces the appointment of Tim Fassam as Public Affairs Director, effective 30 August 2022.

Tim joins from PIMFA, the trade association for financial advisors and wealth managers, where he was Director of Government Relations and Policy.He previously worked for TheCityUK as Managing Director, Public Affairs, Policy and Research and helped launch the Financial Services Skills Commission. He started his career at Barclays, before moving to Prudential for ten years, ending his tenure there as UK Public Affairs Director and Head of the Group Chairman's Office.

Claire Hawkins, Director of Corporate Affairs and Investor Relations, said: "I am delighted that Tim is going to be joining our growing team at Phoenix Group. He brings significant experience and understanding of the UK political landscape and the financial services sector, alongside a proven track record of success in advocating for businesses and their customers.

"His arrival will further strengthen Phoenix Group's already significant engagement with Government and policy-makers, as we seek to drive change that protects and benefits consumers in the context of all of us living longer lives."

Tim Fassam,said: "It is a privilege and an honour to join the Phoenix team at this exciting time for the company. Phoenix Group's scale and role in helping millions of savers, its strong values and its desire to respond to the challenges and benefits of people's longer lives make it a key voice on a wide range of policy issues. I'm really looking forward to working with their fantastic team to grasp this opportunity."

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Enquiries

Dan White

PR Manager

Phoenix Group

07971952921

[e-mail]

Phoenix Group notes to editors

Phoenixis the UK's largest long-term savings and retirement business, with c £310 billion of assets under administration and c.13 million customers, and over 240 years of experience.

We are a growing and sustainable business with a clear purpose - helping people secure a life of possibilities. This means taking responsible and sustainable investment decisions, and using our presence and voice to advocate on behalf of the UK's savers. We understand that our scale and expertise means that we have an important role to play for our customers, colleagues and our communities.

As life expectancy continues to increase and the pension landscape continues to shift, we will continue to be a safe and dependable ally in the journey to and through retirement for millions of customers, by providing the right guidance and products, at the right time, to support the right choices. We offer a broad range of products for people across all stages of the savings life cycle.

Our strategy focuses on delivering long term, sustainable value and, to fulfil our purpose, focuses on five key areas to ensure we respond to changing customer needs, manage our capital position well, create value, inspire our people, and put sustainability at the heart of our business.

Phoenix is a FTSE 100 company and we feature in the FTSE100 ESG Select Index. We are playing an active role in helping to build back better and greener as we invest for the future. In 2020 we committed to our operations beingnet zero carbonby 2025 and our investment portfolios by 2050. In 2021 we set an interim target of a 50% reduction in the carbon emission intensity of c £250bn of investments by 2030.

We are aLiving Wage Employer and recognised as a Carer Positive Exemplary Employer for offering the best support to colleagues who are carers.

Linkedin: PhoenixGroup-UK

Twitter: @PhoenixGroupUK