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

News Digest: Families risk losing inheritance tax discount because of pension reforms

News Digest: Families risk losing inheritance tax discount because of pension reforms

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 24 September 2026 • 1 min read
L&G targets 10% job cuts to tackle 'complex' structure

L&G targets 10% job cuts to tackle 'complex' structure

Firm says job cuts represent 'the next stage' of its transformation

Cristian Angeloni
clock 23 September 2026 • 1 min read
Most SMEs feel unequipped to support employees' retirement outcomes

Most SMEs feel unequipped to support employees' retirement outcomes

But half of SMEs see outcomes as an employer’s responsibility

Alex Levy
clock 23 September 2026 • 1 min read
Trustpilot