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

BAE Systems reports £800m UK pensions surplus

BAE Systems reports £800m UK pensions surplus

Triennial funding valuation at 31 March 2024 reveals funding ratio of 104%

Jonathan Stapleton
clock 19 February 2025 • 1 min read
UK DB company profit warnings reached four-year high last year

UK DB company profit warnings reached four-year high last year

Research finds almost one in four UK firms with DB schemes issued a profit warning

Jasmine Urquhart
clock 11 February 2025 • 2 min read
Bond market volatility sees DB surpluses rise by £12.8bn in January

Bond market volatility sees DB surpluses rise by £12.8bn in January

PPF 7800 index shows aggregate funding level for DB schemes has risen to 127%

Jonathan Stapleton
clock 11 February 2025 • 2 min read
Trustpilot