Why traded annuity products will not be suitable for retail investors

Jonathan Stapleton
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The FCA banned the sale of traded life policy investments to mass market retail investors - claiming they are ‘toxic' products that pose significant risks to investors. A market in second hand annuities will pose similar risks.

Traded life policy investments (TLPIs) - the products commonly known as death bonds - invest in second hand life assurance policies, usually of US citizens. Investors in these products hope to b...

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