Annuity sales reach £3.6bn in H1 2024, ABI figures show

Standard Life says rising annuity rates are prompting savers to think about retirement income certainty

Jasmine Urquhart
clock • 1 min read
Annuity sales reach £3.6bn in H1 2024, ABI figures show

Sales of individual annuities reached £3.63bn in H1 2024, the Association of British Insurers (ABI) reveals.

The latest figures show individual annuities contracts have reached 44,983 so far this year, up from 33,255 in H1 2023, when premiums where £2.34bn. Commenting on the figures, Standard Life head...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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