Impact of the PRA's consultation on Solvency II

Hymans’ Michael Abramson looks at the logic behind proposals but highlights the challenges

clock • 3 min read
Hymans Robertson partner and risk transfer specialist Michael Abramson
Image:

Hymans Robertson partner and risk transfer specialist Michael Abramson

On 28 September 2023 the Prudential Regulation Authority (PRA) published its final consultation on the government’s new ‘Solvency UK’ regime for insurers, which will replace Solvency II.

This consultation looks at some of the key investment areas associated with Solvency UK, focussing in particular on the ‘matching adjustment', a feature of Solvency II that is key to the buy-in and...

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

More on Industry

PASA updates strategy for next five years

PASA updates strategy for next five years

PASA said updated strategy will help shape the future of pensions administration

Holly Roach
clock 14 July 2026 • 2 min read
Buzz: Is the revised pensions roadmap a positive step forward for reform?

Buzz: Is the revised pensions roadmap a positive step forward for reform?

Pensions roadmap, government’s VfM consultation and proposed changes to the general levy

Professional Pensions
clock 14 July 2026 • 1 min read
Government consults on general levy rate hikes

Government consults on general levy rate hikes

Minister says there have been ‘persistent annual deficits’ and a growing levy debt

Holly Roach
clock 14 July 2026 • 2 min read
Trustpilot