Pent up demand of £5.5bn waiting for freedoms

Michael Klimes
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Up to £5.5bn is being sat on by retirees who have deferred taking their pensions ahead of the changes coming in this April, according to Origo.

Since the loosening of the defined contribution retirement process was announced in the Budget, many members have put off buying an annuity and the money remains untouched. Insurers have seen pr...

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