Brookfield Wealth Solutions, a subsidiary of Brookfield Corporation, is planning to enter the UK insurance market, focusing on delivering bulk annuity solutions for UK pension schemes. The new ...

Annuities are a popular retirement strategy, and you can buy them from an insurance company with a variety of features, depending on your specific financial needs and goals. Here’s how to ...

Mindell said his agency got wind of those plans in December and took steps to thwart the bulk purchase before it was made. "We got incredible intelligence that these groups were working and ...

The surrender period typically lasts six to eight years after you purchase the annuity. “Before you choose to surrender your annuity, consider the destination and the costs,” Kates said.

The A Gomez Limited Retirement Benefits Scheme has completed a £4.8m bulk purchase annuity (BPA) buyout with Aviva. The buyout transaction was completed in January and follows the scheme's buy-in deal ...

Brookfield Wealth Solutions, a subsidiary of Brookfield Corporation, is planning to enter the UK insurance market, focusing ...

Annuities can be a valuable tool for retirement income planning, but determining the best time to buy one requires careful consideration. If you buy one too soon, you’ll lock up your money for ...

A pension scheme sponsored by a UK asset manager has secured a £111m bulk purchase annuity (BPA) transaction with M&G. The deal – completed in a "compressed timeline" – secures the benefits of 466 ...

The financial services group said its retirement sales lifted 33% to £9.4bn last year, from 12 months ago, driven by its highest year of bulk purchase annuity sales which came in at £7.8bn. But equity ...

Schroders has been appointed by Utmost Life and Pensions (ULP) to manage nearly £400m ($507m) in assets following the insurer’s successful entry into the bulk purchase annuity (BPA) market.

Meanwhile, the wealth division reported net flows of £10.3bn, up from £8.3bn last year. Aviva also reported its highest year of bulk purchase annuity sales, which drove revenue in the retirement ...