Sales in Pension Insurance Corporation's (PIC) bulk annuity business rose by 73% compared to the same period last year, its half-year results have revealed.
The figures, published today (10 September), reveal the insurer wrote £3.3bn of bulk annuity business in a record H1, covering benefits for 162,800 people. This is up from £1.9bn across 151,600 people...
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