Jonathan Stapleton says pensioners who cash in annuities after two or three years would just lose huge portions of their pot in fees and taxes
On the face of it, a second-hand market in annuities sounds a great idea. Those locked into annuities they didn't need or want - or those in annuities that provided the wrong shape of income, po...
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 for 12 months, 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
