Impaired life annuity sales soar by over 50%

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UK - The sales of impaired life annuities soared by 55% last year with nearly a quarter sold on the open market, research by Watson Wyatt shows.

But the consultant believes annuity sales are still running below their potential. Watson Wyatt senior consultant Mark Joannes said: “While the IFA market is becoming more aware of this type of ...

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