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Simplifying our business
Proposed transfer of all NPI Limited (NPIL) and certain National Provident Life Limited (NPLL) policies to Phoenix Life Limited (Phoenix Life)
The information contained on this page is correct as of 14 February 2012
We are proposing to transfer all NPIL and certain NPLL policies to Phoenix Life. The changes, which we refer to as 'the Scheme', are proposed by the Phoenix Group of companies of which NPIL, NPLL and Phoenix Life are part.
If you are interested in what we propose and how it works, we have prepared the following guide to the Scheme specifically for Phoenix Life policyholders. Please note that the UK High Court hearing to consider the Scheme, that was due to take place on 10 February 2012, has been postponed. We will also be seeking adjournments of the court hearings in Jersey and Guernsey. We will provide the revised date for each of the court hearings on this website as soon as they are available.
Simplifying our business - Scheme guide for Phoenix Life Limited policyholders
You will need a copy of Adobe Acrobat reader to view this PDF file. Follow this link to download a copy.
For more information about the Scheme, including further technical information such as a report prepared by the Independent Export appointed to consider the fairness of the Scheme for policyholders of NPIL, NPLL and Phoenix Life and the full Scheme document, please follow this link. You can also see a draft of the new Phoenix Life Principles and Practices of Financial Management, which will come into effect if the Scheme is approved, here.
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