Bulk annuities partially offset 43% fall in individual annuities at Partnership

Stephanie Baxter
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Growth in bulk annuity sales at Partnership Assurance has helped compensate for a 43% fall in individual annuity sales, according to the firm's half-year results.

Sales in its core individual annuity business dropped to £334m from the £590m generated in H1 2013 as a result of the "uncertainty" generated by the Budget. While the majority of people with ann...

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