ADVISERS could be missing out on a major business opportunity if they do not keep up to speed with the retirement market, according to Peter Quinton, business development director at retirement market specialist Living Time.
Quinton said that in 2006, lifetime annuity sales were £9.6bn, up a healthy 21.5pc on 2005, and income drawdown sales were £2.6bn, up 73pc on the previous year. “In 2004, a paper on the future of annuities...
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60+ £300bn ISA savings
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Total funds on list rise from 26 to 58