Property News · April 21, 2016

Pensions: FCA proposes protections for people planning to sell annuity


City regulator says some may risk running out of money in retirement, and others may not realise the true value of their plan People considering selling their annuity should be given risk warnings by the firms involved, under proposals set out by the City regulator. From April 2017 people who have an annuity, which gives pensioners a guaranteed income, will be able to sell it on for a lump sum. Continue reading…

Source : theguardian.com
Read more…Pensions: FCA proposes protections for people planning to sell annuity