Brookfield set to enter UK bulk annuity market

FT reports Canadian-based firm has filed paperwork with the PRA to set up UK insurer

Martin Richmond
clock • 1 min read
Brookfield set to enter UK bulk annuity market

Brookfield is set to enter the bulk annuity market after it applied to set up an insurance company in the UK, the Financial Times has reported.

In a report published today (8 July), the FT said the Toronto-based investment firm has filed paperwork with the Bank of England's Prudential Regulation Authority to set up a new insurer. The FT...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Aon
clock 01 May 2025 • 1 min read
Partner Insight Video: Running on your defined benefit pension scheme

Partner Insight Video: Running on your defined benefit pension scheme

John Harvey, Partner at Aon
clock 30 April 2025 • 1 min read
DB transfer values fall to another record low in March, XPS finds

DB transfer values fall to another record low in March, XPS finds

Consultancy says Transfer Value Index remained below £150,000 throughout Q1 2025

Martin Richmond
clock 28 April 2025 • 2 min read
Trustpilot