On 19 March the annuity market died. Well not quite, but to hear George Osborne's pronouncement that "no one will have to buy an annuity" you would be forgiven for thinking it had.
In reality, the last vestiges of the compulsion to buy an annuity were swept away - and about time too! Annuities remain a great choice for those who would like to protect themselves in retirement ...
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
