Quarterly enhanced annuity sales reach £1bn

clock

Enhanced annuity sales exceeded £1bn in the second quarter of 2012, according to research by Towers Watson.

Figures revealed first half sales were £1.99 billion in total, an increase of 39% over the same period in 2011. Total sales reached around £3 billion in total during 2011. The survey covered nin...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Insight: Building a reliable income for life in decumulation for DC members

Partner Insight: Building a reliable income for life in decumulation for DC members

Philip Smith, DC Director of TPT Retirement Solutions
clock 04 March 2025 • 5 min read
Gender pensions gap to 'keep rising', Broadstone says

Gender pensions gap to 'keep rising', Broadstone says

More women are ‘contributing less’ to DC pots, with men having pots double the size

Jasmine Urquhart
clock 11 February 2025 • 2 min read
Partner Insight: European ABS - A compelling tool for DC default strategies

Partner Insight: European ABS - A compelling tool for DC default strategies

Asset-backed securities are often a misunderstood asset class, despite having many compelling characteristics including a potential return premium and a defensive capital structure. These, in our view, make them well-suited as a tool for inclusion in...

M&G Investments
clock 12 December 2024 • 3 min read
Trustpilot