Lord Lea of Crondall – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Lea of Crondall on 2014-04-01.

To ask Her Majesty’s Government what was the average number of annuities purchased in each of the last five years for which data are available.

Lord Newby

There is no requirement for individuals to report the purchase of an annuity and the Government does not collect data on the number or purchase value of annuities. Industry data is collected and published by the Association of British Insurers and may be found on their website https://www.abi.org.uk/Insurance-and-savings/Industry-data/

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