UK - The Wesleyan Assurance Society has announced a free asset ratio more than 30% higher than any of the top 20 life assurers.
Wesleyan had a free asset ratio – or a spare cash ratio – of 15.8% at the end of last year. Experts suggest a free asset ratio of around 12%is needed to keep up a healthy bonus policy.
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
