Prudential sees annuity sales plummet by 46% in 2015

Kristian Brunt-Seymour
clock • 1 min read

Prudential has seen a 46% fall in individual annuity sales during 2015 following the introduction of the April pension freedoms.

In its full year results for the year ended 31 December 2015 the insurance company saw annuity sales plummet from £106m in 2014 to £57m. Many insurers have suffered falls in their annuity busine...

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Kristian Brunt-Seymour
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Kristian Brunt-Seymour

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