Annuity specialist Retirement Advantage has been bought out by Canada Life for an undisclosed sum leaving just six active providers in the market.
Retirement Advantage, which also operates in the equity release market, has more than 30,000 customers and more than £2bn in assets under management. This includes a £1.5bn block of in-payment annuities....
Subject to FCA approval
Only one in ten opt for an annuity
‘Dramatic’ drop due to pandemic’s economic impact
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