Annuities offer an income in later life. When you approach retirement, will you cash in your pension pot or get a lifetime annuity? Get information about the options.
Consultation Response Creating a Secondary Annuity Market Ref: 1415 June 2015 All rights reserved. Third parties may only reproduce this paper or parts of it for academic, educational or research ... some of these flexibilities to people who have already purchased an annuity. It looks explicitly at how a market for re-assigning annuity income in exchange for a cash lump sum can be created, including how
Consultation Response Secondary annuity market: proposed rules and guidance, CP16/12 Ref: 1816 All rights reserved. Third parties may only reproduce this paper or parts of it for academic ... consultation is for establishing the rules and regulations governing the new secondary market for annuities. It covers a range of behavioural and consumer protection issues that will apply to buyers (i.e
secondary annuity market This briefing looks at the main findings from polling commissioned by Age UK to uncover more information about older peoples’ attitudes to cashing in an existing pension annuity. ... ............................ 6 1. Key points Only five per cent of people with an existing annuity income said they would consider exchanging this for a cash lump sum. The polling therefore indicates
Consultation Response FCA consultation: Implementing information prompts in the annuity market February 2017 Ref: 1017 All rights reserved. Third parties may only ... Retirement Income Market Study to addressing low levels of competition in the annuity market, including by introducing an ‘annuity comparator’ designed to prompt consumers to consider shopping around for a
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