Government Confirms Plans to Extend Pension Freedoms with Secondary Annuity Market

By Matt Edwards

Secondary Annuity Market By April 2016

Yesterday (15 March), the government confirmed they would legislate to create a secondary annuity market allowing some 5 million pensioners who already hold an annuity the option to sell it. Assuming there isn’t a change of government in May’s general election restrictions on buying and…

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