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

PPF levy decision delay sparks hope of charge reduction or abolition

PPF levy decision delay sparks hope of charge reduction or abolition

Industry argues ‘multi-billion’ surplus means levy is no longer needed

Jonathan Stapleton
clock 13 December 2024 • 5 min read
Partner Insight: Investing in your risk settlement investment advice

Partner Insight: Investing in your risk settlement investment advice

Hatty Goodwin, Associate Partner, Aon
clock 13 December 2024 • 4 min read
Partner Insight: Protecting trustees after wind-up

Partner Insight: Protecting trustees after wind-up

Susannah Calder, Partner, Aon
clock 11 December 2024 • 5 min read
Trustpilot