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Read More »Retirees flock to buy annuities as sales hit highest level since 2014 | Personal Finance | Finance
Sales of retirement annuities hit a record high last year, according to the Association of British Insurers (ABI). In 2023, annuity sales rocketed with a total value of £5.2 billion, marking a 46 percent increase compared to 2022. This is the highest annual value since 2014 when pension freedoms were …
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