Brookfield Business Partners acquires Just Group to enhance its UK pension risk transfer capabilities, leveraging investment expertise and expanding annuity offerings amid growing retirement market demand.

Chesnara PLC is exploring a major acquisition of HSBC's UK life insurance business, highlighting consolidation trends in the UK insurance sector and expanding pension administration portfolios.

The UK's CMA initiates review of Aviva's acquisition of Direct Line, assessing competition impact in the UK insurance market with a decision expected by July 10, 2024.