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Prudential Secures Approval For £11.2B Annuity Transfer Plan

By Bonnie Eslinger (November 24, 2021, 4:56 PM GMT) -- A judge has approved the transfer of an £11.2 billion ($15 billion) portfolio of annuities from Prudential to Rothesay Life in a case sent back from the Court of Appeal, saying on Wednesday it is "most improbable" that the deal will weaken the security of benefits for the policyholders....

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