{"id":11102,"date":"2016-04-21T21:26:19","date_gmt":"2016-04-21T14:26:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-fca-proposes-protections-for-people-planning-to-sell-annuity\/"},"modified":"2016-04-21T21:38:59","modified_gmt":"2016-04-21T14:38:59","slug":"pensions-fca-proposes-protections-for-people-planning-to-sell-annuity","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-fca-proposes-protections-for-people-planning-to-sell-annuity\/","title":{"rendered":"Pensions: FCA proposes protections for people planning to sell annuity"},"content":{"rendered":"<p>&#013;<br \/>\nCity 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&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/apr\/21\/pensions-fca-proposes-protections-for-people-planning-to-sell-annuity\" target=\"_blank\">Pensions: FCA proposes protections for people planning to sell annuity<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; City regulator says some may risk running out of money in retirement, and others may&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11102","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2T4","jetpack-related-posts":[{"id":79934,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/steelworkers-let-down-by-fca-and-pensions-regulator-mps\/","url_meta":{"origin":11102,"position":0},"title":"Steelworkers let down by FCA and Pensions Regulator \u2013 MPs","date":"February 15, 2018","format":false,"excerpt":"\r \u2018Major mis-selling scandal\u2019 under way as financial advisers \u2018bamboozle\u2019 ex-British Steel staffFormer British Steel workers have been \u201cshamelessly bamboozled\u201d by financial advisers into transferring their pensions and badly let down by regulators that should have better protected them, according to an influential parliamentary committee. Continue reading...\r \r Source :\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-negotiate-the-pensions-minefield-in-brexit-britain\/","url_meta":{"origin":11102,"position":1},"title":"How to negotiate the pensions minefield in Brexit Britain","date":"July 27, 2016","format":false,"excerpt":"\r The vote to leave the EU has seen annuity rates fall sharply. But would-be retirees still have other options Margaret Lawson is relieved that she bought an annuity in April before the rates sank any further. It was an astute decision by the 66-year-old dairy farmer. Since the vote\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vote-grabbing-gimmicks-put-pensions-at-risk-letters\/","url_meta":{"origin":11102,"position":2},"title":"Vote-grabbing gimmicks put pensions at risk | Letters","date":"June 7, 2019","format":false,"excerpt":"\r David Blake, Edmund Cannon and Ian Tonks criticise James Brokenshire\u2019s idea to let first-time buyers dip into pension funds for a deposit on a home, while Sue Ferns says we are still a long way off gender equality in pensionsWe view with deep misgivings the suggestion by James Brokenshire\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-british-savers-fully-cashed-out-pension-pots-on-retirement-after-rule-changes\/","url_meta":{"origin":11102,"position":3},"title":"Most British savers fully cashed out pension pots on retirement after rule changes","date":"January 8, 2016","format":false,"excerpt":"\r Financial Conduct Authority study finds 68% of pensions accessed between July and September were cashed out, raising concerns over investment decisionsMost British savers retiring between July and September last year fully cashed out their pension pots after rule changes, the financial markets regulator said, feeding concern they are not\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/annuities-take-a-hit-as-rates-fall-following-brexit\/","url_meta":{"origin":11102,"position":4},"title":"Annuities take a hit as rates fall following Brexit","date":"June 27, 2016","format":false,"excerpt":"\r Retirees thinking of using their pension to buy an annuity to fund their retirement are advised to buy sooner rather than laterThe first direct hit on pensions from Brexit came on Monday morning, as pension companies began to cut the amount they will pay people who are newly retiring.Just\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-shakeup-in-budget-leaves-14bn-annuities-industry-reeling\/","url_meta":{"origin":11102,"position":5},"title":"Pension shakeup in budget leaves \u00a314bn annuities industry reeling","date":"March 21, 2014","format":false,"excerpt":"\r \u2022 Fears retirees will splurge cash or leave it to languish\u2022 Shares plunge as sector is forecast to contract hugelyThe dramatic liberalisation of Britain's pension system unveiled in the budget is likely to pump up house prices, spark a bonanza for estate agents, car dealers and cruise ship operators\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11102"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11102"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11102\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}