Enhanced annuities sales rise by one-third in 2008

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Sales of enhanced annuities rose by almost a third in 2008, Watson Wyatt says.

The consultant said sales of enhanced annuities - also known as impaired life annuities - rose by 31.9% in 2008 to £1.44bn and now account for over a quarter (26.7%) of annuities sold on the open m...

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