The government has decided to scrap its plans to create a market for secondary annuities.
In a statement released on 18 October explaining the U-turn, the government said: "It has become clear that creating the conditions to allow a competitive market to emerge could not be balanced wit...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
