Scottish Widows boosts sales after entering bulk annuity market

Kristian Brunt-Seymour
clock • 1 min read

Scottish Widows' life and pension sales have risen by 10% since 2014 on the back of £2.8bn from its first two bulk annuity deals.

It comes as the insurer entered the bulk annuity market last year after seeing individual annuity sales fall following George Osborne's 2014 Budget announcement of the pension freedoms. A £400m ...

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