IFoA: Half of annuitants would resist urge to cash in contract

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Most annuity holders would resist the urge to cash in their policies on a secondary market despite concerns people had got a bad deal from insurers, according to research.

The survey commissioned by the Institute and Faculty of Actuaries (IFoA) found that 55% of annuitants would avoid cashing in although just 48% thought their policy was good value. Just 9% said t...

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