Annuity specialist Just Retirement has reported sales are down by a fifth since the 2014 Budget that removed the need for people to buy its main product.
Total sales in the nine months to 31 March decreased by 22% compared to the previous largely pre-Budget period, the company said. Tumbling annuity sales were the main drag on business, down 15% compared...
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TVI lowest in more than a year
Business model will not change
Follows extended period of underperformance
400p per share
Search for replacement has started