Annuities to 'rebound' to over £10bn by 2023 despite falling sales

Stephanie Baxter
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Annuities will continue to be a substantial part of the at-retirement market in ten years' time, albeit smaller, according to new research by Towers Watson.

Despite predictions that annuity sales would continue to fall following widespread proposals in the Budget, the firm predicted they would rebound to more than £10bn by the end of 2023. The annuitie...

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