Rothesay and Prudential Part VII transfer and industry next steps
04 Dec 2020
The Rothesay and Prudential Part VII transfer
On 16 August 2019, sanctioning of the proposed transfer of c.370k annuity policies from Prudential to Rothesay was declined. On 2 December 2020, Rothesay and Prudential successfully appealed this decision.
In this newsflash we look at how Independent Experts responded to the judge’s decision in 2019 and the future of Part VII transfers following the recent successful appeal.
Please click here to read the full newsflash.