Life and pensions growth over-reported by £55bn a year

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NEW LIFE AND PENSIONS business is being massively overstated as insurers fail to account for people switching between providers, Higham Dunnett Shaw says.

The oursourcing and consulting firm said that its research indicated that for every £1 of new single premium business reported by life offices, at least 70p is being lost as a result of investors s...

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