Court approves transfer of annuities to Rothesay
We welcome today’s decision from the High Court of England and Wales (“the Court”) in connection with the proposed transfer of a portfolio of annuities from The Prudential Assurance Company Limited (“PAC”), a subsidiary of M&G Plc, to Rothesay.
The Court’s decision has provided important clarity for our whole sector. As the UK's largest pensions insurance specialist, dedicated to providing long-term security and excellent customer service, we are delighted to welcome our new policyholders to Rothesay.