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Pension sales plummet in third quarter

Tom Selby

08 December 2009 •

Occupational pensions sales have taken a nosedive as customers defer their pension contributions, Association of British Insurers statistics show.

Data provided by the ABI shows ‘regular premium product sales' slumped to £195m in the third quarter of this year - a fall of more than 30% compared to the previous quarter and lower than Q3 levels...

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