IFS warns annuity buy-backs could harm retirees

Stephanie Baxter
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The secondary annuity market may fail to emerge and even if it does many people will struggle to make well-informed decisions, according to the Institute for Fiscal Studies (IFS).

The think tank is concerned the government's intention to allow people to sell their annuities from next April will not create a "new utopia" for the UK's 5 million annuitants. IFS researcher Ge...

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