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Published on 18 June 2015

Creating a secondary annuities market

Submissions

The LITRG supports the creation of a secondary annuities market in order to create consistencies and maintain equality of treatment between pre- and post-April reform annuitants. We do urge that those who are not financially aware or who cannot afford professional advice are accommodated appropriately, both with information being made available on Pensionwise and the ability to buy-back with the original provider.

A paper cutout of an umbrella and the word 'ANNUITY' underneath on another piece of paper.
Canva.com

The LITRG response can be found here.

Robin Williamson

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