The Bulk Purchase Annuities (BPA) sector is continuing its rapid growth and is poised to benefit from substantial regulatory reforms following the Government’s review of Solvency II. Lisa Leaman outlines how the new Solvency UK insurance regulatory regime – in particular the reforms to the matching adjustment - will support insurers to meet the commitment they have made to further invest in assets that benefit the UK economy.
There are new opportunities and challenges ahead, and Lisa explains how the PRA, working with industry, aims to respond to these.
What’s next? Bulk annuity insurers – Regulatory developments
