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The Independent UK
The Independent UK
Business
Vicky Shaw

Why sales of pension annuities are on the rise

ABI the Association of British Insurers

New data reveals a significant surge in the value of retirement annuities, with the average amount invested now exceeding £80,000 for the first time.

The Association of British Insurers (ABI) has revealed a notable increase in sales of annuities valued over £250,000 and £500,000.

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