Mandatory advice crucial for secondary annuity market

clock

People looking to trade in their annuities for cash should be obliged to take independent financial advice, industry pundits agree.

The government's consultation Creating a secondary annuity market closed today, with respondents raising serious concern that consumers would get a raw deal. According to the National Associatio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Lloyds completes three longevity hedging transactions, WTW acquires Cushon, TPR updates admin guidance

Professional Pensions
clock 12 December 2025 • 1 min read
News Digest: MPs pension scheme makes 'mockery' of Reeves investment push

News Digest: MPs pension scheme makes 'mockery' of Reeves investment push

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 12 December 2025 • 1 min read
Hymans Robertson sets out 2026 hopes for the pensions industry

Hymans Robertson sets out 2026 hopes for the pensions industry

Consultancy says insurance, decumulation and DEI will see changes

Jasmine Urquhart
clock 11 December 2025 • 4 min read
Trustpilot