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Hargreaves Lansdown head of retirement analysis Helen Morrissey
Sales of annuities increased almost 40% in 2023/24 to 80,061, according to latest Financial Conduct Authority (FCA) statistics.
Data from its retirement income market data showed annuity sales were up 38.7% in 2023/24, up from 59,163 in 2022/23. More than 80% of these were level annuities and about 66% were bought on a s...
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