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Brookfield Wealth Solutions enters UK pension insurance market with new Blumont Annuity UK brand.
Brookfield Wealth Solutions, a subsidiary of Canadian financial giant Brookfield, will enter the UK pension insurance market this month under the Blumont Annuity UK brand.
The company plans to offer bulk annuities, helping businesses offload pension liabilities.
This move follows regulatory approvals and marks a significant new entrant into a competitive market valued at around £40-50 billion.
Brookfield aims to leverage its expertise and substantial investment presence in the UK to provide innovative pension solutions.
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Brookfield Wealth Solutions entra en el mercado británico de seguros de pensiones con la nueva marca Blumont Annuity UK.