Enhanced annuity sales soar

Jenna Towler
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UK - Sales of enhanced annuities rose to £448m (US$739.5m) in the second quarter of this year, bringing the total sales in the first half of 2009 to £891m, Watson Wyatt research revealed.

On an annualised basis, first half sales would imply a market of close to £1.8bn in 2009, up from the record sales in 2008 of £1.4bn. Watson Wyatt said the dramatic growth in the number of peop...

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