In his column for May 2026 column for Practical Law, Grant covers the PRA’s consultation on funded reinsurance. This is a topic the PRA has been considering for years and its proposals will be relevant to all that are interested in the market for bulk purchase annuities, including pension trustees, insurers and reinsurers. The column explains the issues and the proposals. It also looks at the market’s reaction and why the interested parties may be reacting differently.
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