London, 15 June 2016 -- According to Moody's Investors Service, the UK life industry is in a better position than a year ago despite radical changes to the retirement landscape following pension reforms. Moody's views the UK opting to leave the European Union (Brexit) as the main potential short-term risk to the stability of the sector. However, the negative impact on insurers' credit fundamentals is expected to be relatively modest, as Moody's previously stated in a May report.
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