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Annuity sales surpass record levels in first half of 2023

Sales of annuities in the first half of 2023 surpassed their highest levels since the introduction of pension freedoms, according to new research by Canada Life UK.

Tom evansLindsey rixCanada lifeLife united kingdomLindsey rix broom

Canada Life reports record-breaking annuity sales at half year

Canada Life reports record-breaking annuity sales at half year
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United kingdomLindsey rixTom evansCanada lifeManaging directorCanada life united kingdom

Canada Life reports record-breaking annuity sales

Canada Life UK has reported report record-breaking annuity sales as demand for income products rise. The insurer said in its half year results published today (21 August) new business sales for individual annuities were £441m in 2023, compared to £220m in the same period in 2022.

United kingdomLindsey rixTom evansCanada life united kingdomLindsey rix broomLife united kingdomMoney marketingCanada life

Annuity sales surpassed record levels in H1 2023

Sales of annuities in the first half of 2023 surpassed their highest levels since the introduction of pension freedoms, according to new research by Canada Life.

Lindsey rixTom evansCanada life unitedCanada lifeLife united kingdomLindsey rix broomLindsey rix broomTom evansHalf year results

Better rates create annuities boom, says Canada Life

Annuities are back in vogue after rising interest rates made the retirement product more appealing. Canada Life said that sales of its annuities, an insuranc

Lindsey rixCanada life united kingdom

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