UK - According to the Drawdown Bureau, the government's delayed consultation, Modernising Annuities, has failed to address one significant consumer issue: it offers no escape from compulsory annuitisation.
Ronnie Lymburn, director of The Drawdown Bureau said: There are undoubtedly good reasons why the majority of people should buy annuities, but, to treat everyone the same in this respect is wrong. F...
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