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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Defined Benefit

PIC completed £6.8bn of new business premiums in 2025

PIC completed £6.8bn of new business premiums in 2025

Specialist DB insurer says it has a ‘very strong’ pipeline of new business for 2026

Martin Richmond
clock 18 March 2026 • 2 min read
Evolving PRT market presents opportunities for smaller schemes

Evolving PRT market presents opportunities for smaller schemes

Hymans Robertson says smaller schemes must ‘carefully’ consider their broking approach

Martin Richmond
clock 17 March 2026 • 2 min read
Partner Insight: Creating value - defined benefit pension scheme strategy in M&A Transactions

Partner Insight: Creating value - defined benefit pension scheme strategy in M&A Transactions

Matthew Richardson, Partner and Alice Wilmot, Associate Partner at Aon
clock 13 March 2026 • 3 min read
Trustpilot