Post by Hymans Robertson
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πOn 29 April, the Prudential Regulation Authority (PRA) proposed sweeping changes regarding the use of funded reinsurance in the bulk purchase annuity market. In our latest update, we take a closer look at what was outlined in the consultation. We also explore what it means for pension schemes considering buy-in, as well as for pension schemes and sponsors considering captive insurance structures. Read more: https://okt.to/KOTxMY Lara Desay, Michael Abramson, Catherine Thain