Legal & General (L&G) has reported record bulk annuity numbers which it said had "more than offset" a 61% drop in sales of traditional annuity policies since the Budget reforms were announced.
Its third quarter interim statement said overall annuity assets were up 16% to £39.9bn compared to £34.5bn in the same quarter last year. It added total annuity sales were up 5% to £3.9bn representing...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created