The Week in Numbers
£15bn – Potential annual cost of maintaining the state pension triple-lock, according to the institute for fiscal studies
47% – Size for the stake in Tenet owned by the enlarged Aviva/Friends Life Group. Money Marketing reveals this week that Aviva is considering selling its stake in the network.
37% – Drop in annuity sales seen by Just Retirement in Q1
56 – number of seats won by the SNP in Scotland, out of a possible 59.
326 – number of seats needed for a majority in the House of Commons. The Conservatives stunned the pollsters last week by securing 331 seats
£1.4bn – level of premiums written for unit-linked guarantees at their peak in 2012. Industry experts have branded the products ‘almost criminal’ and argue changes are opaque.
3 – number of party leaders who quit in the wake of election results. UKIP leader was reinstated as leader after the part refused to accept his resignation
£1.2bn – Size of the legacy annuity book to be transferred from Zurich UK Life to specialist insurer Rothesay Life for an undisclosed sum.
