Larger pension pots drive record 2025 for individual annuity premiums: ABI
Reinsurance News - Feb 17, 2026
Larger pension pots helped push total premiums paid into individual annuities up 4% to £7.4 billion in 2025, marking the highest annual level since pension freedoms were introduced in 2014, according to the Association of British Insurers (ABI). The increase came despite a small decline in the numbe...
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