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annuity sales

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Tuesday, 30 May 2023 10:09

Annuity sales climb by 22% to 8-year high

Sales of annuities surged more than a fifth during the first three months of the year to reach their highest level for eight years.

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ABI data released today shows that £4.7bn has been withdrawn under the new pension freedoms but surprisingly annuity sales have risen for the first time in three years.
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