Greg Neilson: Glimmers of an annuity market renaissance

Source of certainty

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Greg Neilson: "We have seen moderate recovery in annuity sales across the market, particularly over the past year."
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Greg Neilson: "We have seen moderate recovery in annuity sales across the market, particularly over the past year."

Despite pension freedom and the recent dip in rates, annuities still provide a source of certainty for three emerging groups of retirees, according to Greg Neilson

The humble annuity goes back a long way. A Norwich Union 1820 proposal states "by purchasing a deferred annuity those who are at present able to procure livelihood, may provide a comfortable support for...

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