UK variable annuity sales rose to £1.42bn in 2012, an increase of 30 per cent over 2011, research by Towers Watson has revealed.
Quarterly sales exceeded £400m for the first time in the last quarter of 2012. Policy numbers also increased in comparison to 2011 by 19 per cent to 16,200.
To read the full article from FT Adviser, click here
I am afraid it will jump to more in 2013. I don't know will it be helpful in short term or it may have effects in longer run. A little help please..
ReplyDelete