Phoenix Scheme definition
Phoenix Scheme means the scheme for the transfer of certain long-term insurance business from Phoenix Life Assurance Limited, National Provident Life Limited and Phoenix Life Limited to Guardian Assurance Limited sanctioned by an order dated 30 September 2013;
Phoenix Scheme means the scheme pursuant to Part VII of, and Schedule 12 to, the Financial Services and Markets Act 2000 under which all of the long-term insurance business of Phoenix Life Assurance Limited, SLAL and Standard Life Pension Funds Limited will be transferred to Phoenix.