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The American Council of Life Insurers expressed support for DOL regulation, instead of an interpretive bulletin, to address concerns about selecting an annuity provider in a PRT deal.
An estimated £5 billion is queued for redemption, as defined benefit schemes seek to improve liquidity
Firm joins Utmost Group in planning to tap market this year
Lower discount rate linked to pension obligations triggers aggregate unrealised losses of Skr5.5 billion in Q4
'It’s ambitious but realistic.'