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The Independent UK
The Independent UK
Business
Anna Wise

Bank of England to run stress tests on pension funds, insurers, and other lenders

Bank of England Andrew Bailey Jon Cunliffe United Kingdom FPC
PA Wire

The Bank of England is set to launch bank-style stress tests on other financial institutions such as pension funds, hedge funds, insurers, and private equity lenders.

The move comes after the recent mini-Budget market turmoil that saw the near-collapse of some pension funds.

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