Insurance boss expects annuity market to shrink by more than £9billion

By
Adam Uren
|
One of the UK’s biggest pension companies has said it expects the UK market for individual annuities to shrink by around three-quarters after 2015.
People with defined contribution pension pots will no longer be obliged to buy an annuity when they reach retirement from next...
Insurance boss expects annuity market to shrink by more than £9billion