What could a secondary annuity market look like?

Stephanie Baxter
clock

Plans to allow pensioners to sell their annuities for cash must be considered carefully to prevent rip-offs and poor deals, industry participants have warned.

The government has announced it will allow more than five million people who have already bought an annuity to trade their policies for cash. But industry figures have said the move could leave ...

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 Law and Regulation

LGPS scheme reforms to tackle gender pension gap and survivor benefits

LGPS scheme reforms to tackle gender pension gap and survivor benefits

Reforms follow consultation on access and fairness in the local government scheme

Jonathan Stapleton
clock 03 February 2026 • 2 min read
How trustees should prepare for pensions to enter IHT net from 2027

How trustees should prepare for pensions to enter IHT net from 2027

Palwinder Hare says trustees should begin preparations now in readiness for the changes

Palwinder Hare
clock 30 January 2026 • 2 min read
Government rejects Waspi compensation again after review

Government rejects Waspi compensation again after review

DWP says creation of compensation scheme would be ‘highly impractical’ and ‘time-consuming’

Martin Richmond
clock 29 January 2026 • 3 min read
Trustpilot