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Budget 2014: Specialist annuity providers see shares slump

19 March 2014 •

Life insurers and specialist annuity providers saw share values fall after Chancellor George Osborne unveiled reforms to income drawdown.

Osborne revealed that restrictions on accessing drawdown will be relaxed (PP Online, 19 March). Annuity provider Just Retirement group plummeted 35.88%, while Partnership Assurance Group, a prov...

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