Total annual pensions income forecast to hit £106bn by 2022
Pensioners retiring in 2022 will receive £9bn a year more from their private pensions and annuities than those retiring this year, an Experian analysis reveals.
Based on insights provided by its in-house economists, the study showed the total annual income currently rests at £97bn. This will rise to £106bn by 2022, the firm added, with around £4.5bn of the...
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